Revenue and Taxation Code § 24661.4
‹ § 24661.3§ 24661.5 ›Open in browserleginfo ↗24661.4.
Section 451(b) of the Internal Revenue Code, relating to inclusion not later than for financial accounting purposes, shall not apply to specified credit card fees, as defined in Treasury Regulations Section 1.451-3(j)(2) .
(Added by Stats. 2025, Ch. 231, Sec. 110. (SB 711) Effective October 1, 2025.)