Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24905.5 — Computation of Gain or Loss
Cal. Rev. & Tax. Code § 24905.5
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2001-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For each taxable year beginning on or after January 1, 1997, the amendments made to Section 988 of the Internal Revenue Code by Section 13223 of the Revenue Reconciliation Act of 1993 (P.L. 103-66), relating to mark to market accounting method for securities dealers, shall apply.
Citator
Cal. Rev. & Tax. Code § 24905.5 — Computation of Gain or Loss is in force in the current edition of the Code, and nothing recorded condemns it.
For each taxable year beginning on or after January 1, 1997, the amendments made to Section 988 of the Internal Revenue Code by Section 13223 of the Revenue Reconciliation Act of 1993 (P.L. 103-66), relating to mark to market accounting method for securities dealers, shall apply.