Section 24601 - Applicability of IRC relating to deferred compensation(a) Subchapter D of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to deferred compensation, etc., shall apply, except as otherwise provided. (b) Notwithstanding the date specified in paragraph (1) of subdivision (a) of Section 23051.5, Part I of Subchapter D of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to pension, profitsharing, stock bonus plans, etc., shall apply, except as otherwise provided, without regard to taxable year to the same extent as applicable for federal income tax purposes.Ca. Rev. and Tax. Code § 24601
Amended by Stats 2005 ch 691 (AB 115),s 67, eff. 1/1/2006Amended by Stats 2002 ch 807 (SB 219),s 18, eff. 9/22/2002.