California Law (Last Updated: March 4, 2014) |
Revenue and Taxation Code - RTC |
Division 2. OTHER TAXES |
Part 10. PERSONAL INCOME TAX |
Chapter 10. Partners and Partnerships |
Section 17856.
Latest version.
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Section 751(d)(3) of the Internal Revenue Code, relating to appreciated inventory items subject to tax as a gain on foreign investment company stock, does not apply.
(Amended by Stats. 2003, Ch. 185, Sec. 14. Effective January 1, 2004.)