Revenue and Taxation Code - RTC
DIVISION 2. OTHER TAXES [6001 - 61050]
( Heading of Division 2 amended by Stats. 1968, Ch. 279. ) PART 11. CORPORATION TAX LAW [23001 - 25141]
( Heading of Part 11 amended by Stats. 2001, Ch. 543, Sec. 21. ) CHAPTER 6. Gross Income [24271 - 24329]
( Chapter 6 added by Stats. 1955, Ch. 938. ) ARTICLE 2. Exclusions [24301 - 24315]
( Article 2 added by Stats. 1955, Ch. 938. ) 24315.
Gross income does not include any amount received for empty beverage containers by a consumer from a recycling center or recycling location as the recycling value, as defined in Chapter 2 (commencing with Section 14502) of Division 12.1 of the Public Resources Code.
(Added by Stats. 1986, Ch. 1290, Sec. 5. Effective September 29, 1986.)