Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 23043.5 — Definitions
Cal. Rev. & Tax. Code § 23043.5
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2004-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For purposes of this part, in determining the amount of gain or loss (or deemed gain or loss) with respect to any property, Section 7701(g) of the Internal Revenue Code, relating to nonrecourse indebtedness, applies, except as otherwise provided.
Citator
Cal. Rev. & Tax. Code § 23043.5 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.
For purposes of this part, in determining the amount of gain or loss (or deemed gain or loss) with respect to any property, Section 7701(g) of the Internal Revenue Code, relating to nonrecourse indebtedness, applies, except as otherwise provided.