Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 17078 — Definition of Gross Income, Adjusted Gross Income, Taxable Income, etc.
Cal. Rev. & Tax. Code § 17078
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 1993-10-06
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Section 988 of the Internal Revenue Code, relating to treatment of certain foreign currency transactions, shall apply, except as otherwise provided.
Citator
Cal. Rev. & Tax. Code § 17078 — Definition of Gross Income, Adjusted Gross Income, Taxable Income, etc. is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Section 988 of the Internal Revenue Code, relating to treatment of certain foreign currency transactions, shall apply, except as otherwise provided.
(b) Section 988(a)(3) of the Internal Revenue Code, relating to source, shall not apply.