Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 17228 — Deductions
Cal. Rev. & Tax. Code § 17228
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2014-09-29
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For taxable years beginning on or after January 1, 2014, a deduction shall not be allowed for the amount of any fine or penalty paid or incurred by an owner of all or part of a professional sports franchise, where that fine or penalty is assessed or imposed by the professional sports league that…
Citator
Cal. Rev. & Tax. Code § 17228 — Deductions is in force in the current edition of the Code, and nothing recorded condemns it.
For taxable years beginning on or after January 1, 2014, a deduction shall not be allowed for the amount of any fine or penalty paid or incurred by an owner of all or part of a professional sports franchise, where that fine or penalty is assessed or imposed by the professional sports league that includes that franchise.