{"code":"RTC","codeName":"Revenue and Taxation Code","section":"18045","citation":"Rev. & Tax. Code, § 18045","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 10. PERSONAL INCOME TAX [17001. - 18181.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-10"},{"name":"CHAPTER 13. Gain or Loss on Disposition of Property [18031. - 18045.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-10/chapter-13"}],"history":"Added by Stats. 2025, Ch. 231, Sec. 61.   (SB 711)   Effective October 1, 2025.","effective":"2025-10-01","html":"<p>Section 1061 of the Internal Revenue Code, relating to partnership interests held in connection with performance of services, shall not apply.</p>","text":"Section 1061 of the Internal Revenue Code, relating to partnership interests held in connection with performance of services, shall not apply.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/gain-or-loss-on-disposition-of-property-18045","source":"California Legislative Information bulk export (pubinfo)"}