Section 504.

Cal. Revenue and Taxation Code - RTC § 504.
in effect
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There shall be added to any assessment made pursuant to Section 502, except those assessments as are placed on the current roll prior to the time it is originally completed and published, a penalty of 25 percent of the additional assessed value so assessed.

References

referencesCal. Revenue and Taxation Code - RTC § 502.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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