{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24355.5","citation":"Rev. & Tax. Code, § 24355.5","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. 2026, Ch. 236, Sec. 35.   (SB 1435)   Effective September 14, 2026.   Applicable to taxable years beginning on or after January 1, 2025, provided in Section 46\\nof Stats. 2026, Ch. 236.","effective":"2026-09-14","html":"<p>Section 197 of the Internal Revenue Code, relating to amortization of goodwill and certain other intangibles, shall apply.</p>","text":"Section 197 of the Internal Revenue Code, relating to amortization of goodwill and certain other intangibles, shall apply.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/deductions-24355-5","source":"California Legislative Information bulk export (pubinfo)"}