BlackletterCalifornia law

Revenue and Taxation Code § 17020.5

CHAPTER 1. General Provisions and Definitions

Current as of September 28, 2026Rev. & Tax. Code, § 17020.5Official source ↗

Amended by Stats. 2003, Ch. 185, Sec. 5. Effective January 1, 2004.

For purposes of this part, in determining the amount of gain or loss (or deemed gain or loss) with respect to any property, Section 7701(g) of the Internal Revenue Code, relating to nonrecourse indebtedness, applies, except as otherwise provided.