Rev. & Tax. Code, § 7060 · Article 1. Administration
Rev. & Tax. Code, § 7060
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) The board, under regulations prescribed by the board, may establish a reward program for information resulting in the identification of underreported or unreported taxes due under this part. Any reward may not exceed 10 percent of the taxes collected as a result of the information provided. Any person employed by or under contract with any state or federal tax collection agency shall not be eligible for a reward provided pursuant to this section.
(b) Within 2 1/2 years of the effective date of the act adding this subdivision or within 2 1/2 years of the commencement of a program pursuant to subdivision (a), whichever is later, the board shall report to the Legislature on all of the following:
(1) The number of informant letters and telephone calls received during the 2-year period following the effective date of the act adding this subdivision or following the commencement of a program pursuant to subdivision (a), whichever is later.
(2) The amount of additional taxes and penalties assessed and collected as a result of this program and the amount of rewards distributed.
(3) The administrative costs incurred in implementing and operating this program.
(c) Rewards paid pursuant to this section shall be paid from amounts appropriated by the Legislature for that purpose.
Notes and commentary — not statutory text
History
Amended by Stats. 1992, Ch. 671, Sec. 1. Effective January 1, 1993.
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=7060.
- Text hash
- sha256 9a27ef1e804c9cf7111c94a1f2f5fb761f5b01da34b3da269853871317e723fb
- 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
- printed fractions are shown as 1/4
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.