Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 24902 — Computation of Gain or Loss

Cal. Rev. & Tax. Code § 24902

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Except as otherwise provided in this part, on the sale or exchange of property the entire amount of the gain or loss, determined under Section 24901, shall be recognized.

Citator

Cal. Rev. & Tax. Code § 24902 — Computation of Gain or Loss is in force in the current edition of the Code, and nothing recorded condemns it.

Except as otherwise provided in this part, on the sale or exchange of property the entire amount of the gain or loss, determined under Section 24901, shall be recognized.