Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24990.7 — Capital Gains and Losses
Cal. Rev. & Tax. Code § 24990.7
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2001-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The provisions of Section 1248 of the Internal Revenue Code, relating to gain from certain sales or exchanges of stock in certain foreign corporations, shall not apply to transactions occurring after August 20, 1990, in taxable years beginning on or after January 1, 1990.
Citator
Cal. Rev. & Tax. Code § 24990.7 — Capital Gains and Losses is in force in the current edition of the Code, and nothing recorded condemns it.
The provisions of Section 1248 of the Internal Revenue Code, relating to gain from certain sales or exchanges of stock in certain foreign corporations, shall not apply to transactions occurring after August 20, 1990, in taxable years beginning on or after January 1, 1990.