Section 12240

Rev. & Tax. Code § 12240, under Basis of Tax for Medi-Cal Managed Care Plans.

Rev. & Tax. Code § 12240

In the case of a Medi-Cal managed care plan, the basis of the tax is, in respect to each year, total operating revenue.

(Added by Stats. 2013, Ch. 33, Sec. 10. (SB 78) Effective June 27, 2013. Section operative as of July 1, 2012, pursuant to Section 12242.)