Revenue and Taxation Code section 24990.6

(a)

Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deductions treated as amortization, is modified to also refer to Section 24356.2, 24356.3, and 24356.4.

(b)

Section 1245(b)(8) of the Internal Revenue Code, relating to disposition of amortizable Section 197 intangibles, shall apply to dispositions of property on or after January 1, 2010.

Source: Section 24990.6, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=RTC§ionNum=24990.­6.­ (accessed May 12, 2025).

Last Updated

May 12, 2025

§ 24990.6’s source at ca​.gov