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Section 9155 Of Article 1. Claim For Refund From California Revenue And Taxation Code >> Division 2. >> Part 3. >> Chapter 6. >> Article 1.
9155
. Interest shall be paid upon any overpayment of any amount of
tax at the modified adjusted rate per month established pursuant to
Section 6591.5 from the first day of the calendar month following the
period during which the overpayment was made. In addition, a refund
or credit shall be made of any interest imposed upon the person
making the overpayment with respect to the amount being refunded or
credited.
The interest shall be paid as follows:
(a) In the case of a refund, to the last day of the calendar month following the date upon which the person making the overpayment, if he or she has not already filed a claim, is notified by the board that a claim may be filed or the date upon which the claim is approved by the board, whichever date is earlier.
(b) In the case of a credit, to the same date as that to which interest is computed on the tax or amount against which the credit is applied.
(a) In the case of a refund, to the last day of the calendar month following the date upon which the person making the overpayment, if he or she has not already filed a claim, is notified by the board that a claim may be filed or the date upon which the claim is approved by the board, whichever date is earlier.
(b) In the case of a credit, to the same date as that to which interest is computed on the tax or amount against which the credit is applied.
