Subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to the tax treatment of “S corporations” and their shareholders, shall apply, except as otherwise provided.
Cal. Rev. & Tax. Code § 23800
Tax Treatment of S Corporations and Their Shareholders
Applied in 1 court decision — leading case MacFarlane v. Utah State Tax Commission (2006)
Most recently applied in MacFarlane v. Utah State Tax Commission (April 2006)
Amended by Stats. 2003, Ch. 268, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.