Section 1059A of the Internal Revenue Code, relating to limitation on taxpayer’s basis or inventory cost in property imported from related persons, shall apply, except as otherwise provided.
Cal. Rev. & Tax. Code § 24966.1
Special Rules for Basis
Amended by Stats. 1993, Ch. 877, Sec. 85
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.