Revenue and Taxation Code section 24343.8

For taxable years beginning on or after January 1, 2014, a deduction shall not be allowed for the amount of any fine or penalty paid or incurred by an owner of all or part of a professional sports franchise, where that fine or penalty is assessed or imposed by the professional sports league that includes that franchise.

Source: Section 24343.8, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=24343.­8.­ (updated Sep. 29, 2014; accessed Jul. 7, 2025).

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Verified:
Jul. 7, 2025

§ 24343.8's source at ca​.gov