Rev. & Tax. Code, § 23804 · Chapter 4.5. Tax Treatment of S Corporations and Their Shareholders

Rev. & Tax. Code, § 23804

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Section 1367(b)(4) of the Internal Revenue Code, relating to adjustments in case of inherited stock, shall apply for decedents dying after December 31, 1996.

Notes and commentary — not statutory text

History

Amended by Stats. 2003, Ch. 268, Sec. 10. Effective January 1, 2004.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC&sectionNum=23804.
Text hash: sha256 d44d92f2179fd841890daed036a967cb459bd32e7ecabcb8c13ecbaddf180ff3
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.