Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24343.1 — Deductions
Cal. Rev. & Tax. Code § 24343.1
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2019-07-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) The amendments made by Section 13531(a) of the Tax Cuts and Jobs Act (Public Law 115-97) to add Section 162(r) to the Internal Revenue Code, relating to the disallowance of FDIC premiums paid by certain large financial institutions, shall apply, except as otherwise provided.
Citator
Cal. Rev. & Tax. Code § 24343.1 — Deductions is in force in the current edition of the Code, and nothing recorded condemns it.
(a) The amendments made by Section 13531(a) of the Tax Cuts and Jobs Act (Public Law 115-97) to add Section 162(r) to the Internal Revenue Code, relating to the disallowance of FDIC premiums paid by certain large financial institutions, shall apply, except as otherwise provided.
(b) For purposes of this section, Article 9 (commencing with Section 23361) of Chapter 2 of Part 11 shall not apply.