Rev. & Tax. Code, § 24355.5 · Article 1. Deductions

Rev. & Tax. Code, § 24355.5

Verbatim from the official edition

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

Section 197 of the Internal Revenue Code, relating to amortization of goodwill and certain other intangibles, shall apply.

Notes and commentary — not statutory text

History

Amended by Stats. 2026, Ch. 236, Sec. 35. (SB 1435) Effective September 14, 2026. Applicable to taxable years beginning on or after January 1, 2025, provided in Section 46\nof Stats. 2026, Ch. 236.

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=24355.5.
Text hash: sha256 6bf28c1504df30ccd6b7b5c1e64637f2cbfc75abed80718e3d5376f77cc646de
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.