Revenue and Taxation Code section 19135

(a)

(1)The Franchise Tax Board shall impose a penalty of two thousand dollars ($2,000) per taxable year whenever an entity described in paragraph (2) is doing business in this state, within the meaning of Section 23101, and fails to make and file a return as required by this part, within 60 days after the Franchise Tax Board sends the taxpayer a notice and demand to file the required tax return, unless the failure is due to reasonable cause and not willful neglect.

(2)

(A)A foreign corporation or a foreign limited liability company that fails to qualify to do business in this state or whose powers, rights, and privileges have been forfeited.

(B)

A domestic corporation or a domestic limited liability company that has been suspended.

(b)

The penalty shall be in addition to any other penalty that may be due under this part.

Source: Section 19135, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=19135.­ (accessed Jun. 2, 2025).

Last Updated

May 12, 2025

§ 19135’s source at ca​.gov