Revenue and Taxation Code section 24902

Except as otherwise provided in this part, on the sale or exchange of property the entire amount of the gain or loss, determined under Section 24901, shall be recognized.

Source: Section 24902, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=24902. (accessed May 4, 2025).

24901
24902
24905
24905.5

Last Updated

Apr. 24, 2025

§ 24902’s source at ca.gov

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Location: https://california.public.law/codes/revenue_and_taxation_code_section_24902

Original Source: Section 24902, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=24902. (last accessed Apr. 24, 2025).