Home/California/Statutes/Code RTC: Revenue and Taxation Code - RTC/Div. 2.: DIVISION 2. OTHER TAXES/Part 11.: PART 11. CORPORATION TAX LAW/Ch. 7.: CHAPTER 7. Net Income/Art. 1.: ARTICLE 1. Deductions/§ 24343.8.
California Statutes

§ 24343.8. — 24343.8. (Added by Stats. 2014, Ch. 792, Sec. 2.)

California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 11. PART 11. CORPORATION TAX LAW·Ch. 7. CHAPTER 7. Net Income·Art. 1. ARTICLE 1. Deductions
For taxable years beginning on or after January 1, 2014, a deduction shall not be allowed for the amount of any fine or penalty paid or incurred by an owner of all or part of a professional sports franchise, where that fine or penalty is assessed or imposed by the professional sports league that includes that franchise.

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California § 24343.8. (24343.8. (Added by Stats. 2014, Ch. 792, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2014, Ch. 792, Sec. 2. (AB 877) Effective September 29, 2014.

Nearby Sections

7
§ 24343.
24343. (Amended by Stats. 2019, Ch. 39, Sec. 22.)
§ 24343.1.
24343.1. (Added by Stats. 2019, Ch. 39, Sec. 23.)
§ 24343.2.
24343.2. (Amended by Stats. 2011, Ch. 261, Sec. 23.)
§ 24343.3.
24343.3. (Amended by Stats. 2000, Ch. 862, Sec. 122.)
§ 24343.5.
24343.5. (Amended by Stats. 2000, Ch. 862, Sec. 123.)
§ 24343.7.
24343.7. (Amended by Stats. 2002, Ch. 35, Sec. 48.)
§ 24343.8.
24343.8. (Added by Stats. 2014, Ch. 792, Sec. 2.)
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