Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24372.5 — Deductions
Cal. Rev. & Tax. Code § 24372.5
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 1997-10-03
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) Section 194 of the Internal Revenue Code, relating to amortization of reforestation expenditures, shall apply, except as otherwise provided.
Citator
Cal. Rev. & Tax. Code § 24372.5 — Deductions is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Section 194 of the Internal Revenue Code, relating to amortization of reforestation expenditures, shall apply, except as otherwise provided.
(b) The deduction allowed by this section shall be available only with respect to qualified timber property located in this state.