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Cal. Rev. & Tax. Code § 17857

Partners and Partnerships

Amended by Stats. 1999, Ch. 987, Sec. 50

Section 751(e) of the Internal Revenue Code, relating to the limitation on tax attributable to deemed sales of Section 1248 stock, shall 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.