Revenue and Taxation Code § 24454

CHAPTER 8. Corporate Distributions and Adjustments

Current as of September 28, 2026Rev. & Tax. Code, § 24454Official source ↗

Added by Stats. 2015, Ch. 359, Sec. 35. (AB 154) Effective September 30, 2015. Applicable to taxable years beginning on or after January 1, 2015, as provided in Sec. 41 of Stats. 2015, Ch. 359.

Section 304(b)(5)(B) of the Internal Revenue Code, relating to special rule in case of foreign acquiring corporation, shall apply to acquisitions on or after January 1, 2015.