California CodesRTC CodeDivision 2 - OTHER TAXESPart 11 - CORPORATION TAX LAWChapter 7 - Net IncomeArticle 1 - Deductions§ 24343.7§ 24343.7Amended by Stats. 2002, Ch. 35, Sec. 48. Effective May 8, 2002.Section 162(k)(2)(A)(ii) of the Internal Revenue Code shall not apply.Cite this sectionCal. Rev. & Tax. Code § 24343.7 (2026)Copyhttps://ca.codecond.com/codes/rtc/division-2-other-taxes/part-11-corporation-tax-law/chapter-7-net-income/article-1-deductions/section-24343.7CopyOther sections in Article 1 - Deductions§ 24341§ 24343§ 24343.1§ 24343.2§ 24343.3§ 24343.5§ 24343.7§ 24343.8§ 24344§ 24344.5…§ 24369§ 24369.4§ 24370§ 24372.3§ 24372.5§ 24373§ 24377§ 24379§ 24382§ 24383← § 24343.5§ 24343.8 →