{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24272","citation":"Rev. & Tax. Code, § 24272","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 6. Gross Income [24271. - 24329.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-6"},{"name":"ARTICLE 1. Definitions [24271. - 24276.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-6/article-1"}],"history":"Amended by Stats. 1984, Ch. 193, Sec. 126.","effective":null,"html":"<p>For the purposes of the tax imposed under Chapter 2 (commencing with Section <a href=\"/rtc/23101\">23101</a>), “gross income” includes all interest received from federal, state, municipal or other bonds.</p>","text":"For the purposes of the tax imposed under Chapter 2 (commencing with Section 23101), “gross income” includes all interest received from federal, state, municipal or other bonds.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/definitions-24272","source":"California Legislative Information bulk export (pubinfo)"}