{"data":{"id":"us-ca/rtc-24454.1","jurisdiction":"us-ca","citation":"RTC § 24454.1","heading":"","body":"The amendments to Section 367(a) of the Internal Revenue Code as enacted by Section 14102 of the Tax Cuts and Jobs Act, 2017 (Public Law 115-97), relating to repeal of the exception for transfers of certain property used in the active conduct of a trade or business, shall not apply.","path":["Revenue and Taxation Code - RTC","DIVISION 2. OTHER TAXES [6001. - 61050.]","PART 11. CORPORATION TAX LAW [23001. - 25141.]","CHAPTER 8. Corporate Distributions and Adjustments [24451. - 24481.]"],"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":"00501df3abd033227d8a524bf4e554d77dde2a4a8f4c180649ca1efc21b581d5","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-24454","next":"us-ca/rtc-24455"},"notice":"GroundRules: Original legal text. Not legal advice."}