BlackletterCalifornia law

Revenue and Taxation Code § 17241

ARTICLE 6. Deductions

Current as of September 28, 2026Rev. & Tax. Code, § 17241Official source ↗

Amended by Stats. 2025, Ch. 231, Sec. 35. (SB 711) Effective October 1, 2025. Applicable to taxable years beginning on or after January 1, 2015, as provided in Sec. 41 of Stats. 2015, Ch. 359.

Section 213(a) of the Internal Revenue Code, relating to allowance of deduction, is modified by substituting “7.5 percent” for “10 percent” for taxable years beginning before January 1, 2021.