Cal. Rev. & Tax. Code § 24454

Current through the 2024 Legislative Session.

Section 24454 - Applicability of IRC section 304

Section 304(b)(5)(B) of the Internal Revenue Code, relating to special rule in case of foreign acquiring corporation, shall apply to acquisitions on or after January 1, 2015.

Ca. Rev. and Tax. Code § 24454

Added by Stats 2015 ch 359 (AB 154),s 35, eff. 9/30/2015, op. for taxable years beginning on or after 1/1/2015.