Cal. Rev. & Tax. Code § 24352

Current through the 2023 Legislative Session.

Section 24352 - Election to change from method of depreciation

In the absence of an agreement under Section 24351 containing a provision to the contrary, a taxpayer may at any time elect in accordance with regulations prescribed by the Franchise Tax Board to change from the method of depreciation described in Section 24349(b)(2) to the method described in Section 24349(b)(1).

Ca. Rev. and Tax. Code § 24352

Added by Stats. 1959, Ch. 1127.