Revenue and Taxation Code § 24414

ARTICLE 2. Special Deductions

Current as of September 28, 2026Rev. & Tax. Code, § 24414Official source ↗

Amended by Stats. 1993, Ch. 878, Sec. 17. Effective January 1, 1994.

(a) Section 195 of the Internal Revenue Code, relating to startup expenditures, shall apply, except as otherwise provided.

(b) References to Sections 163(a), 164, 165, and 174 of the Internal Revenue Code, relating to interest, taxes, losses, and research and experimental expenditures, are modified to refer to Sections 24344, 24345, 24347, and 24365, respectively.