Revenue and Taxation Code § 23045.1

ARTICLE 2. Definitions

Current as of September 28, 2026Rev. & Tax. Code, § 23045.1Official source ↗

Added by Stats. 1987, Ch. 1139, Sec. 8. Effective September 25, 1987. Applicable to income years beginning on or after January 1, 1987, by Sec. 241 of Ch. 1139.

For purposes of this part, the term “substituted basis property” has the same meaning given that term by Section 7701(a)(42) of the Internal Revenue Code.