Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24991 — Capital Gains and Losses
Cal. Rev. & Tax. Code § 24991
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2004-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Section 1275(a)(3) of the Internal Revenue Code, relating to the definition of tax-exempt obligation, does not apply but instead the term “tax-exempt obligation” means an obligation the interest on which is exempt from tax under this part.
Citator
Cal. Rev. & Tax. Code § 24991 — Capital Gains and Losses is in force in the current edition of the Code, and nothing recorded condemns it.
Section 1275(a)(3) of the Internal Revenue Code, relating to the definition of tax-exempt obligation, does not apply but instead the term “tax-exempt obligation” means an obligation the interest on which is exempt from tax under this part.