California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 24454.1
Official textleginfo.legislature.ca.govlast amended
The amendments to Section 367(a) of the Internal Revenue Code as enacted by Section 14102 of the Tax Cuts and Jobs Act, 2017 (Public Law 115-97), relating to repeal of the exception for transfers of certain property used in the active conduct of a trade or business, shall not apply.
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