BlackletterCalifornia law

Revenue and Taxation Code § 17322.5

CHAPTER 4. Corporate Distributions and Adjustments

Current as of September 28, 2026Rev. & Tax. Code, § 17322.5Official source ↗

Added by Stats. 2025, Ch. 231, Sec. 47. (SB 711) Effective October 1, 2025.

Section 381(c)(20) of the Internal Revenue Code, relating to carryforward of disallowed business interest, shall not apply.