Revenue and Taxation Code section 23400

(a)

Part VI of Subchapter A of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to alternative minimum tax, shall apply, except as otherwise provided.

(b)

A corporation electing under Chapter 4.5 (commencing with Section 23800) to be treated as an “S corporation” shall not be subject to the tax imposed by this chapter.

Source: Section 23400, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=23400.­ (updated Oct. 6, 1993; accessed Jun. 16, 2025).

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Verified:
Jun. 16, 2025

§ 23400's source at ca​.gov