{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24966.2","citation":"Rev. & Tax. Code, § 24966.2","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 15. Gain or Loss on Disposition of Property [24901. - 24998.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-15"},{"name":"ARTICLE 4. Special Rules for Basis [24961. - 24966.2.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-15/article-4"}],"history":"Amended by Stats. 1993, Ch. 877, Sec. 86.   Effective October 6, 1993.","effective":"1993-10-06","html":"<p>Section 1060 of the Internal Revenue Code, relating to special allocation rules for certain asset acquisitions, shall apply, except as otherwise provided.</p>","text":"Section 1060 of the Internal Revenue Code, relating to special allocation rules for certain asset acquisitions, shall apply, except as otherwise provided.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/special-rules-for-basis-24966-2","source":"California Legislative Information bulk export (pubinfo)"}