Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
670.0000 PRIVATE RAILROAD CAR TAX
670.0025 Untimely and Unsatisfactory Annual Report. Revenue and Taxation Code section 11273 requires imposition of a ten percent penal assessment for lack of timeliness, and section 11316 requires imposition of an additional ten percent penal assessment for an unsatisfactory report. Such are separate acts of malfeasance to which separate penal assessments apply. C 8/17/1983.