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Cal. Rev. & Tax. Code § 24454

Corporate Distributions and Adjustments

Added by Stats. 2015, Ch. 359, Sec. 35

Section 304(b)(5)(B) of the Internal Revenue Code, relating to special rule in case of foreign acquiring corporation, shall apply to acquisitions on or after January 1, 2015.

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