{"code":"RTC","codeName":"Revenue and Taxation Code","section":"23400","citation":"Rev. & Tax. Code, § 23400","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 11. CORPORATION TAX LAW [23001. - 25141.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11"},{"name":"CHAPTER 2.5. Alternative Minimum Tax [23400. - 23459.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-2.5"}],"history":"Amended by Stats. 2025, Ch. 231, Sec. 76.   (SB 711)   Effective October 1, 2025.","effective":"2025-10-01","html":"<p>(a) For the purpose of this chapter, Part VI of Subchapter A of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to alternative minimum tax, shall apply as it read on January 1, 2015, except as otherwise provided.</p><p>(b) A corporation electing under Chapter 4.5 (commencing with Section <a href=\"/rtc/23800\">23800</a>) to be treated as an “S corporation” shall not be subject to the tax imposed by this chapter.</p>","text":"(a) For the purpose of this chapter, Part VI of Subchapter A of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to alternative minimum tax, shall apply as it read on January 1, 2015, except as otherwise provided. (b) A corporation electing under Chapter 4.5 (commencing with Section 23800) to be treated as an “S corporation” shall not be subject to the tax imposed by this chapter.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/alternative-minimum-tax-23400","source":"California Legislative Information bulk export (pubinfo)"}