{"data":{"id":"us-ca/rtc-24449","jurisdiction":"us-ca","citation":"RTC § 24449","heading":"","body":"(a) Section 291 of the Internal Revenue Code, relating to special rules relating to corporate preference items, shall apply, except as otherwise provided.\n(b) The reference in Section 291(b)(1) of the Internal Revenue Code to “Section 263(c)” shall be modified to mean the deduction under Section 24423 of this part.","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 3. Items Not Deductible [24421. - 24449.]"],"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":"ef854595c7a91c37ef46ae173209de5ef348a18bdf6b9dad8c6432f1778642c1","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-24448","next":"us-ca/rtc-24451"},"notice":"GroundRules: Original legal text. Not legal advice."}