Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24345.6 — Deductions
Cal. Rev. & Tax. Code § 24345.6
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2025-10-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A deduction shall not be allowed for the excise tax imposed by Section 4501 of the Internal Revenue Code, relating to repurchase of corporate stock.
Citator
Cal. Rev. & Tax. Code § 24345.6 — Deductions is in force in the current edition of the Code, and nothing recorded condemns it.
A deduction shall not be allowed for the excise tax imposed by Section 4501 of the Internal Revenue Code, relating to repurchase of corporate stock.