California Legal Codes and Statutes

§ 24661.4

Added by Stats. 2025, Ch. 231, Sec. 110. (SB 711) Effective October 1, 2025.

Section 451(b) of the Internal Revenue Code, relating to inclusion not later than for financial accounting purposes, shall not apply to specified credit card fees, as defined in Treasury Regulations Section 1.451-3(j)(2).

Cite this section

Cal. Rev. & Tax. Code § 24661.4 (2026)
https://ca.codecond.com/codes/rtc/division-2-other-taxes/part-11-corporation-tax-law/chapter-13-accounting-periods-and-methods-of-accounting/article-3-year-of-inclusion/section-24661.4

Other sections in Article 3 - Year of Inclusion

§ 24661§ 24661.3§ 24661.4§ 24661.5§ 24661.6§ 24667§ 24668.1§ 24670§ 24672§ 24673§ 24673.2§ 24674§ 24675§ 24676§ 24676.5§ 24677§ 24678§ 24679

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