California Statutes
§ 25116. — 25116. (Added by Stats. 2003, Ch. 633, Sec. 11.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 11. PART 11. CORPORATION TAX LAW·Ch. 17. CHAPTER 17. Allocation of Income·Art. 1.5. ARTICLE 1.5. Water's-Edge Election
Notwithstanding paragraph (1) of subdivision (a) of Section 23051.5, when provisions of this article refer to provisions of the Internal Revenue Code that do not otherwise apply for purposes of Part 10.2 (commencing with Section 18401) or this part, the term “Internal Revenue Code” means Title 26 of the United States Code, including all amendments thereto, as in effect for federal purposes for the taxable period, except as otherwise specifically provided in this article.
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California § 25116. (25116. (Added by Stats. 2003, Ch. 633, Sec. 11.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2003, Ch. 633, Sec. 11. Effective September 30, 2003.