California Statutes
§ 18171. — 18171. (Amended by Stats. 2003, Ch. 185, Sec. 25.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 10. PART 10. PERSONAL INCOME TAX·Ch. 14. CHAPTER 14. General Rules for Determining Capital Gains and Losses
Section 1250(b) of the Internal Revenue Code, relating to additional depreciation, is modified as follows:
(a)“Depreciation adjustments,” as defined in Section 1250(b)(3) of the Internal Revenue Code, do not include the following:
(1)For taxable years beginning on or after January 1, 1983, amortization under Section 17251 or under Section 188 of the Internal Revenue Code.
(2)For taxable years beginning prior to January 1, 1983, amortization under former Section 17226, relating to pollution control facilities, or former Section 17227, relating to trademarks.
(b)“Additional depreciation,” as defined in Section 1250(b)(4) of the Internal Revenue Code, includes the following:
(1)For taxable years beginning on or after January 1, 1983, amortization under Section 167(k) of the Internal Reve
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California § 18171. (18171. (Amended by Stats. 2003, Ch. 185, Sec. 25.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2003, Ch. 185, Sec. 25. Effective January 1, 2004.