Revenue and Taxation Code § 17856
CHAPTER 10. Partners and Partnerships
Section 751(d)(3) of the Internal Revenue Code, relating to appreciated inventory items subject to tax as a gain on foreign investment company stock, does not apply.
CHAPTER 10. Partners and Partnerships
Section 751(d)(3) of the Internal Revenue Code, relating to appreciated inventory items subject to tax as a gain on foreign investment company stock, does not apply.