BlackletterCalifornia law

Revenue and Taxation Code § 24661.4

ARTICLE 3. Year of Inclusion

Current as of September 28, 2026Rev. & Tax. Code, § 24661.4Official source ↗

Added by Stats. 2025, Ch. 231, Sec. 110. (SB 711) Effective October 1, 2025.

Section 451(b) of the Internal Revenue Code, relating to inclusion not later than for financial accounting purposes, shall not apply to specified credit card fees, as defined in Treasury Regulations Section 1.451-3(j)(2).