Cal. Rev. & Tax. Code § 18155

Current through the 2023 Legislative Session.

Section 18155 - Applicability of IRC Section 1212

A deduction shall not be allowed for capital loss carrybacks provided by Section 1212 of the Internal Revenue Code, relating to capital loss carrybacks and carryovers.

Ca. Rev. and Tax. Code § 18155

Amended by Stats 2015 ch 359 (AB 154),s 18, eff. 9/30/2015, op. for taxable years beginning on or after 1/1/2015.

Amended by Stats 2011 ch 490 (AB 1423),s 5, eff. 10/5/2011.