GroundRules
RTC § 24368.1
Where this section sits in the code
- Revenue and Taxation Code - RTC
- DIVISION 2. OTHER TAXES [6001. - 61050.]
- PART 11. CORPORATION TAX LAW [23001. - 25141.]
- CHAPTER 7. Net Income [24341. - 24449.]
- ARTICLE 1. Deductions [24341. - 24383.]
(a) Section 167(e) of the Internal Revenue Code, relating to certain term interests not depreciable, shall apply.
(b) The provisions of Section 7622(b) of Public Law 101-239, relating to the effective date of changes in treatment of transfers of franchises, trademarks, and trade names, shall apply.
(c) The provisions of Section 7645(b) of Public Law 101-239, relating to the effective date of disallowance of depreciation for certain term interests, shall apply.
Collected 2026-09-14T05:56:33Z. Source file · JSON