California Legal Codes and Statutes

§ 24661.5

Amended by Stats. 2025, Ch. 231, Sec. 111. (SB 711) Effective October 1, 2025.

Section 451(g)(3) of the Internal Revenue Code, relating to special election rule, is modified by substituting the phrase “subdivision (b) of Section 24949.1” in lieu of the phrase “section 1033(e)(2)” contained therein.

Cite this section

Cal. Rev. & Tax. Code § 24661.5 (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-24661.5

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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