Revenue and Taxation Code § 24966.1
‹ § 24966§ 24966.2 ›Open in browserleginfo ↗24966.1.
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.
(Amended by Stats. 1993, Ch. 877, Sec. 85. Effective October 6, 1993.)