Cal. Rev. & Tax. Code § 24452

Corporate Distributions and Adjustments

Added by Stats. 1991, Ch. 117, Sec. 82

Section 301(e)(2) of the Internal Revenue Code, relating to 20 percent corporate shareholders, is modified to refer to Section 24402 in lieu of Sections 243, 244, and 245 of the Internal Revenue Code.

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