California § 24308. 24308. (Amended by Stats. 2000, Ch. 862, Sec. 119.)

California Statutes

§ 24308. — 24308. (Amended by Stats. 2000, Ch. 862, Sec. 119.)

California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 11. PART 11. CORPORATION TAX LAW·Ch. 6. CHAPTER 6. Gross Income·Art. 2. ARTICLE 2. Exclusions

Section 1078 of Public Law 98-369 (Tax Reform Act of 1984), relating to exclusions from gross income of payments from the United States Forest Service as a result of restricting motorized traffic in the Boundary Waters Canoe Area, shall apply, with the following exceptions:

(a)Section 1078(f)(2) of that act shall not be applicable.

(b)This section shall be effective only for payments made in taxable years beginning on or after January 1, 1985.

Free access — add to your briefcase to read the full text and ask questions with AI

Section 1078 of Public Law 98-369 (Tax Reform Act of 1984), relating to exclusions from gross income of payments from the United States Forest Service as a result of restricting motorized traffic in the Boundary Waters Canoe Area, shall apply, with the following exceptions:
(a)
Section 1078(f)(2) of that act shall not be applicable.
(b)
This section shall be effective only for payments made in taxable years beginning on or after
January 1, 1985.

California § 24308. (24308. (Amended by Stats. 2000, Ch. 862, Sec. 119.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.