Revenue and Taxation Code - RTC
DIVISION 2. OTHER TAXES [6001 - 61050]
( Heading of Division 2 amended by Stats. 1968, Ch. 279. ) PART 10. PERSONAL INCOME TAX [17001 - 18181]
( Part 10 added by Stats. 1943, Ch. 659. ) CHAPTER 14. General Rules for Determining Capital Gains and Losses [18151 - 18181]
( Chapter 14 repealed and added by Stats. 1983, Ch. 488, Sec. 65. ) 18165.
(a) Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deductions treated as amortization, is modified to also refer to Sections 17252.5, 17265, and 17266.
(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.
(Amended by Stats. 2010, Ch. 14, Sec. 40. (SB 401) Effective January 1, 2011.)