California Statutes
§ 25116. — 25116. (Added by Stats. 2003, Ch. 633, Sec. 11.)
California § 25116.
JurisdictionCalifornia
Code RTCRevenue 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
This text of California § 25116. (25116. (Added by Stats. 2003, Ch. 633, Sec. 11.)) 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 § 25116. (2026).
Text
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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Legislative History
Added by Stats. 2003, Ch. 633, Sec. 11. Effective September 30, 2003.
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Bluebook (online)
California § 25116., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/RTC/25116..