{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24343.7","citation":"Rev. & Tax. Code, § 24343.7","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 7. Net Income [24341. - 24449.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-7"},{"name":"ARTICLE 1. Deductions [24341. - 24383.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-7/article-1"}],"history":"Amended by Stats. 2002, Ch. 35, Sec. 48.   Effective May 8, 2002.","effective":"2002-05-08","html":"<p>Section <a href=\"/rtc/162\">162</a>(k)(2)(A)(ii) of the Internal Revenue Code shall not apply.</p>","text":"Section 162(k)(2)(A)(ii) of the Internal Revenue Code shall not apply.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/deductions-24343-7","source":"California Legislative Information bulk export (pubinfo)"}