Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 24694 — Year of Deduction

Cal. Rev. & Tax. Code § 24694

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
2005-10-07
Current through
Nov 2, 2026 (California Legislative Counsel)

Section 470 of the Internal Revenue Code, relating to limitation on deductions allocable to property used by governments or other tax-exempt entities, shall apply, except as otherwise provided.

Citator

Cal. Rev. & Tax. Code § 24694 — Year of Deduction is in force in the current edition of the Code, and nothing recorded condemns it.

Section 470 of the Internal Revenue Code, relating to limitation on deductions allocable to property used by governments or other tax-exempt entities, shall apply, except as otherwise provided.