California Revenue and Taxation Code 19542 – Except as otherwise provided in this article and as required to …
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Except as otherwise provided in this article and as required to administer Section 19005, it is a misdemeanor for the Franchise Tax Board or any member thereof, or any deputy, agent, clerk, or other officer or employee of the state, including its political subdivisions, or a jury commissioner, or any former officer or employee or other individual, who in the course of their employment or duty has or had access to returns, reports, or documents required to be filed under this part, to disclose or make known in any manner information as to the amount of income or any particulars, including the business affairs of a corporation, set forth or disclosed therein.
(Amended by Stats. 2020, Ch. 230, Sec. 2. (SB 592) Effective January 1, 2021.)
Terms Used In California Revenue and Taxation Code 19542
- board: means the California Department of Tax and Fee Administration. See California Revenue and Taxation Code 20
- Business affairs: as used in this article means the details relative to the business activities of the entity as disclosed by the return but shall exclude extraneous matters, such as the exact corporate title, corporate number, the date of commencement of business in this state, taxable year adopted, filing date of return, name, date and title of individuals signing affidavit to the return, due date of taxes, taxes unpaid, entity's address, private address of officers and directors. See California Revenue and Taxation Code 19543
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.