{"data":{"id":"us-ca/rtc-24343.8","jurisdiction":"us-ca","citation":"RTC § 24343.8","heading":"","body":"For taxable years beginning on or after January 1, 2014, a deduction shall not be allowed for the amount of any fine or penalty paid or incurred by an owner of all or part of a professional sports franchise, where that fine or penalty is assessed or imposed by the professional sports league that includes that franchise.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"5d934fd5789c575fcbd3cf25ceb7ca6d07b92cceac221ed29cc4bba409b7fcbb","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-24343.7","next":"us-ca/rtc-24344"},"notice":"GroundRules: Original legal text. Not legal advice."}