California Statutes
§ 24990.6. — 24990.6. (Amended by Stats. 2010, Ch. 14, Sec. 83.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 11. PART 11. CORPORATION TAX LAW·Ch. 15. CHAPTER 15. Gain or Loss on Disposition of Property·Art. 4.5. ARTICLE 4.5. Capital Gains and Losses
(a)Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deductions treated as amortization, is modified to also refer to Sections 24356.2, 24356.3, and 24356.4.
(b)Section 1245(b)(8) of the Internal Revenue Code, relating to disposition of amortizable Section 197 intangibles, shall apply to dispositions of property
on or after January 1, 2010.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 24990.6. (24990.6. (Amended by Stats. 2010, Ch. 14, Sec. 83.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2010, Ch. 14, Sec. 83. (SB 401) Effective January 1, 2011.