CHAPTER 2.1. Alternative Minimum Tax [17062. - 17063.]

Chapter 2.1 repealed and added by Stats. 1987, Ch. 1138, Sec. 41.

§§ 17062–17063 · 5 sections

• § 17062 (a) In addition to the other taxes imposed by this part, there is hereby imposed for each taxable year, a tax equal to the excess, if any, of: (1) The…
• § 17062.1 For the purposes of this chapter, Part VI of Subchapter A of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to alternative minimum tax, as it…
• § 17062.3 Section 56A of the Internal Revenue Code, relating to adjusted financial statement income, shall not apply.
• § 17062.5 Section 55(b)(3) of the Internal Revenue Code, relating to maximum rate of tax on net capital gain of noncorporate taxpayers, shall not apply.
• § 17063 (a) There shall be allowed as a credit against the net tax (as defined by Section 17039) for any taxable year an amount equal to the minimum tax credit for…