Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 24873 — Regulated Investment Companies, Real Estate Investment Trusts, Real Estate Mortgage Investment Conduits, and Financial Asset Securitization Investment Trusts

Cal. Rev. & Tax. Code § 24873

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
1992-09-15
Current through
Nov 2, 2026 (California Legislative Counsel)

Section 860F(a) of the Internal Revenue Code, relating to the 100 percent tax on prohibited transactions, shall not apply.

Citator

Cal. Rev. & Tax. Code § 24873 — Regulated Investment Companies, Real Estate Investment Trusts, Real Estate Mortgage Investment Conduits, and Financial Asset Securitization Investment Trusts is in force in the current edition of the Code, and nothing recorded condemns it.

Section 860F(a) of the Internal Revenue Code, relating to the 100 percent tax on prohibited transactions, shall not apply.