California Statutes
§ 24471. — 24471. (Repealed and added by Stats. 1991, Ch. 117, Sec. 82.)
California § 24471.
JurisdictionCalifornia
Code RTCRevenue and Taxation Code - RTC
Div. 2.DIVISION 2. OTHER TAXES
Part 11.PART 11. CORPORATION TAX LAW
Ch. 8.CHAPTER 8. Corporate Distributions and Adjustments
This text of California § 24471. (24471. (Repealed and added by Stats. 1991, Ch. 117, Sec. 82.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Revenue and Taxation Code - RTC Code § 24471. (2026).
Text
Section 381(c) of the Internal Revenue Code, relating to items of the distributor or transferor corporation, is modified to provide that, in lieu of paragraph (24), relating to credit under Section 38, and paragraph (25), relating to credit under Section 53, the acquiring corporation shall take into account (to the extent proper to carry out the purposes of Section 381 of the Internal Revenue Code) the items required to be taken into account for purposes of each credit allowable under this part with respect to the distributor or transferor corporation.
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Legislative History
Repealed and added by Stats. 1991, Ch. 117, Sec. 82. Effective July 16, 1991.
Nearby Sections
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Bluebook (online)
California § 24471., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/RTC/24471..