The provisions of Section 482 of the Internal Revenue Code, relating to allocation of income and deductions among taxpayers, shall be applicable, except as provided in Article 1.5 (commencing with Section 25110) of Chapter 17.
Cal. Rev. & Tax. Code § 24725
Adjustments Required by Changes in Method
Applied in 1 court decision — leading case Comptroller of Treasury v. Gannett Co. (1999)
Most recently applied in Comptroller of Treasury v. Gannett Co. (December 1999)
Amended by Stats. 1992, Ch. 1295, Sec. 35
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.