Article 6 - Adjustments Required by Changes in Method - California Revenue and Taxation Code

Sections (3)

Amended by Stats. 2025, Ch. 231, Sec. 115. (SB 711) Effective October 1, 2025.

(a)Section 481 of the Internal Revenue Code, relating to adjustments required by changes in method of accounting, shall apply, except as otherwise provided.

(b)Section 481(d) of the Internal Revenue Code, relating to adjustments attributable to conversion from “S” corporation to

“C” corporation, shall not apply.

§ 24725

Amended by Stats. 1992, Ch. 1295, Sec. 35. Effective January 1, 1993.

The provisions of Section 482 of the Internal Revenue Code, relating to allocation of income and deductions among taxpayers, shall be applicable, except as provided in Article 1.5 (commencing with Section 25110) of Chapter 17.

§ 24726

Amended by Stats. 1993, Ch. 877, Sec. 77. Effective October 6, 1993.

Section 483 of the Internal Revenue Code, relating to interest on certain deferred payments, shall apply, except as otherwise provided.