Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24966.1 — Special Rules for Basis
Cal. Rev. & Tax. Code § 24966.1
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 1993-10-06
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Section 1059A of the Internal Revenue Code, relating to limitation on taxpayer’s basis or inventory cost in property imported from related persons, shall apply, except as otherwise provided.
Citator
Cal. Rev. & Tax. Code § 24966.1 — Special Rules for Basis is in force in the current edition of the Code, and nothing recorded condemns it.
Section 1059A of the Internal Revenue Code, relating to limitation on taxpayer’s basis or inventory cost in property imported from related persons, shall apply, except as otherwise provided.