BlackletterCalifornia law

Revenue and Taxation Code § 24481

CHAPTER 8. Corporate Distributions and Adjustments

Current as of September 28, 2026Rev. & Tax. Code, § 24481Official source ↗

Repealed and added by Stats. 1991, Ch. 117, Sec. 82. Effective July 16, 1991.

Section 383 of the Internal Revenue Code, relating to special limitations on certain excess credits, etc., is modified to apply to credits allowable under Chapter 3.5 (commencing with Section 23601), and the minimum tax credit allowable under Section 23453.