California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 6.5 - Rules and Regulations Relating to California Estate Tax
Article 3.5 - Penalties
Section 1138.40
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) If the required return is not filed on time the delinquency penalty is mandatory unless there is a showing of "reasonable cause" for the delay.
(b) "Reasonable cause" means the exercise of ordinary business care and prudence. The following specific causes for failure to file a return within the time prescribed by law, if clearly established by the taxpayer, will be accepted as reasonable.
(c) Generally, the failure to timely file is not excused by reliance on an agent and such reliance is not reasonable cause for late filing
1. New article 3.5 (sections 1138.40-1138.42) and section filed 4-29-96; operative 5-29-96 (Register 96, No. 18)
Note: Authority cited: Section 14103, Revenue and Taxation Code. Reference: Section 13510, Revenue and Taxation Code; United States v. Boyle (1985) 469 US 241).