Cal. Rev. & Tax. Code § 24272.2

Current through the 2023 Legislative Session.

Section 24272.2 - Applicability of IRC Section 72(u)

The provisions of Section 72(u) of the Internal Revenue Code, relating to the treatment of annuity contracts not held by natural persons, shall be applicable.

Ca. Rev. and Tax. Code § 24272.2

Added by Stats. 1987, Ch. 1139, Sec. 58. Effective September 25, 1987. Applicable to income years beginning on or after January 1, 1987, by Sec. 241 of Ch. 1139.