California Law (Last Updated: March 4, 2014) |
Revenue and Taxation Code - RTC |
Division 2. OTHER TAXES |
Part 10. PERSONAL INCOME TAX |
Chapter 3. Computation of Taxable Income |
ARTICLE 2. Items Specifically Included in Gross Income |
Section 17087.6.
Latest version.
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If a limited liability company is classified as a partnership for California tax purposes, a person with a membership or economic interest shall take into account amounts required to be recognized under Chapter 10 (commencing with Section 17851).
(Added by Stats. 1994, Ch. 1200, Sec. 52. Effective September 30, 1994.)