CA Rev & Tax Code Section 23706

Any exemption from the bank and corporation franchise tax under Chapter 2 (commencing with Section 23101) or the corporation income tax under Chapter 3 (commencing with Section 23501), granted by any California statute on or after January 1, 1985, for an organization which is an instrumentality of this state, shall be provided for in this part of the code.
Last Updated

Aug. 19, 2023

§ 23706’s source at ca​.gov