Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 23363 — Affiliated Railroads
Cal. Rev. & Tax. Code § 23363
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The Franchise Tax Board shall prescribe such regulations as it may deem necessary in order that the tax liability of any affiliated group of corporations making a consolidated return and of each corporation in the group, both during and after the period of affiliation, may be determined,…
Citator
Cal. Rev. & Tax. Code § 23363 — Affiliated Railroads is in force in the current edition of the Code, and nothing recorded condemns it.
The Franchise Tax Board shall prescribe such regulations as it may deem necessary in order that the tax liability of any affiliated group of corporations making a consolidated return and of each corporation in the group, both during and after the period of affiliation, may be determined, computed, assessed, collected, and adjusted in such manner as to reflect the proper income.