Post-Amnesty Penalty
We impose a penalty when your entity owes new or additional
tax on a tax year that qualified for tax amnesty. The penalty is
equal to 50 percent of the interest that accrued on the tax
assessment from the original due date of the tax to March 31,
2005. You cannot protest this penalty. You can file a claim for
refund of this penalty only on the grounds that the amount of
the penalty was not properly computed by the Franchise Tax
Board. (R&TC Section 19777.5(a)(2))
Secretary of State Penalty
The California Secretary of State imposes a $250 penalty if
your entity does not file its applicable:
• Statement of Domestic Stock Corporation (due annually).
• Limited Liability Company - Statement of Information (due
every two years).
• Statement of Foreign Corporation (due annually).
(California Corporations Code Sections 1502, 2204, 17060,
and 17651(b))
For more information, contact:
CALIFORNIA SECRETARY OF STATE
STATEMENT OF OFFICERS
PENALTY UNIT
PO BOX 944230
SACRAMENTO CA 94244-2300
Underpayment and Monthly Penalty
We impose a penalty if you do not pay the total amount due
shown on your entity's return by the original due date. The
penalty is 5 percent on the unpaid tax, plus 0.5 percent on the
unpaid tax for each month or part of a month it remains unpaid.
The maximum penalty is 25 percent of the unpaid tax. (R&TC
Section 19132)
Non-Qualified, Suspended, Forfeited Penalty
We impose a $2,000 penalty on non-qualified, suspended, or
forfeited corporations doing business in California if they do not
file a tax return within 60 days after we send a demand to file.
(R&TC Section 19135)
Interest
Interest accrues on unpaid liabilities from the original due date
of the return until the date we receive payment in full. We also
charge interest on penalties. (R&TC Section 19101)
FTB 7265BC (REV 03-2006) SIDE 3