Rev. & Tax. Code, § 19149 · Article 7. Penalties and Additions to Tax
Rev. & Tax. Code, § 19149
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) Notwithstanding any other provision of Sections 19142 to 19151, inclusive, if the amount of estimated tax due and payable under Section 19025 is only the minimum franchise tax imposed by Section 23153 and, if applicable, the tax of a wholly owned subsidiary under Section 23800.5, then the addition to the tax with respect to any underpayment of any installment imposed by Section 19142 shall be calculated only on the basis of the amount of the minimum franchise tax and the amount of the tax of each wholly owned subsidiary.
(b) This section shall not apply to a large corporation as defined in subdivision (b) of Section 19147.
Notes and commentary — not statutory text
History
Amended by Stats. 1998, Ch. 7, Sec. 22. Effective March 14, 1998.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=19149.
- Text hash
- sha256 2e805e68658fff2a1888a01b75c2fdb859b1f35299cadecb4f9fb17d8a762261
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Revenue and Taxation Code
- Rev. & Tax. Code, § 19025Printed as Section 19025
- Rev. & Tax. Code, § 19142Printed as Section 19142 | Sections 19142 to 19151, inclusive
- Rev. & Tax. Code, § 19147Printed as Section 19147
- Rev. & Tax. Code, § 19151Printed as Sections 19142 to 19151, inclusive
- Rev. & Tax. Code, § 23153Printed as Section 23153
- Rev. & Tax. Code, § 23800.5Printed as Section 23800.5
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.