California § 24416.22. 24416.22. (Amended by Stats. 2019, Ch. 39, Sec. 26.)

California Statutes

§ 24416.22. — 24416.22. (Amended by Stats. 2019, Ch. 39, Sec. 26.)

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. 2. ARTICLE 2. Special Deductions

Notwithstanding Section 24416.1, 24416.2, 24416.4, 24416.5, 24416.6, or 24416.7 to the contrary, a net operating loss attributable to a taxable year beginning on or after January 1, 2008, shall be a net operating carryover to each of the 20 taxable years following the year of the loss, and a net operating loss attributable to a taxable year beginning on or after January 1, 2013, and before January 1, 2019, shall also be a net
						operating loss carryback to each of the two taxable years preceding the taxable year of loss.

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Notwithstanding Section 24416.1, 24416.2, 24416.4, 24416.5, 24416.6, or 24416.7 to the contrary, a net operating loss attributable to a taxable year beginning on or after January 1, 2008, shall be a net operating carryover to each of the 20 taxable years following the year of the loss, and a net operating loss attributable to a taxable year beginning on or after January 1, 2013, and before January 1, 2019, shall also be a net
operating loss carryback to each of the two taxable years preceding the taxable year of loss.

California § 24416.22. (24416.22. (Amended by Stats. 2019, Ch. 39, Sec. 26.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.