{"code":"RTC","codeName":"Revenue and Taxation Code","section":"23706","citation":"Rev. & Tax. Code, § 23706","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 4. Exempt Corporations [23701. - 23778.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-4"},{"name":"ARTICLE 1. Exemptions From This Part [23701. - 23712.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-4/article-1"}],"history":"Added by Stats. 1985, Ch. 1461, Sec. 87.   Effective October 1, 1985.","effective":"1985-10-01","html":"<p>Any exemption from the bank and corporation franchise tax under Chapter 2 (commencing with Section <a href=\"/rtc/23101\">23101</a>) or the corporation income tax under Chapter 3 (commencing with Section <a href=\"/rtc/23501\">23501</a>), granted by any California statute on or after January 1, 1985, for an organization which is an instrumentality of this state, shall be provided for in this part of the code.</p>","text":"Any exemption from the bank and corporation franchise tax under Chapter 2 (commencing with Section 23101) or the corporation income tax under Chapter 3 (commencing with Section 23501), granted by any California statute on or after January 1, 1985, for an organization which is an instrumentality of this state, shall be provided for in this part of the code.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/exemptions-from-this-part-23706","source":"California Legislative Information bulk export (pubinfo)"}