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Current as of January 01, 2025 | Updated by Findlaw Staff
If any property required to be assessed for any year wholly escapes assessment or escapes assessment in part due to the board's underassessing the property because of failure of the taxpayer to report the property accurately, the board shall immediately assess or reassess the property upon the discovery of the escape.
Cite this article: FindLaw.com - California Code, Revenue and Taxation Code - RTC § 11315 - last updated January 01, 2025 | https://codes.findlaw.com/ca/revenue-and-taxation-code/rtc-sect-11315/
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