Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2011
 

Tax on Insurers Law

Chapter 3. All Insurance Other Than Ocean Marine.

Article 4. Basis of Tax for Medi-Cal Managed Care Plans*

Section 12240

12240. "Total operating revenue" as basis of tax. In the case of a Medi-Cal managed care plan, the basis of the tax is, in respect to each year, total operating revenue.

* Article 4 was added by Stats. 2009, Ch. 157 (AB 1422), in effect September 22, 2009.