Revenue and Taxation Code § 17012
CHAPTER 1. General Provisions and Definitions
“Paid or incurred” and “paid or accrued” shall be construed according to the method of accounting upon the basis of which the taxable income is computed under this part.
CHAPTER 1. General Provisions and Definitions
“Paid or incurred” and “paid or accrued” shall be construed according to the method of accounting upon the basis of which the taxable income is computed under this part.