Revenue and Taxation Code § 24708

ARTICLE 5. Inventories

Current as of September 28, 2026Rev. & Tax. Code, § 24708Official source ↗

Amended by Stats. 1993, Ch. 877, Sec. 75. Effective October 6, 1993.

Section 474 of the Internal Revenue Code, relating to simplified dollar-value LIFO method for certain small businesses, shall apply, except as otherwise provided.