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Cal. Rev. & Tax. Code § 17856

Partners and Partnerships

Amended by Stats. 2003, Ch. 185, Sec. 14

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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.