California Code
PART 11 - CORPORATION TAX LAW
CHAPTER 7 - Net Income

ARTICLE 1 - Deductions

Section 24341. - 24341. “Net income” means the gross income, computed under Chapter...

Section 24343. - 24343. (a) Section 162 of the Internal Revenue Code, relating...

Section 24343.1. - 24343.1. (a) The amendments made by Section 13531(a) of the...

Section 24343.2. - 24343.2. Whereas, the people of the State of California desire...

Section 24343.3. - 24343.3. Any employer contribution to a medical savings account, as...

Section 24343.5. - 24343.5. (a) In addition to the deduction allowed by Section...

Section 24343.7. - 24343.7. Section 162(k)(2)(A)(ii) of the Internal Revenue Code shall not...

Section 24343.8. - 24343.8. For taxable years beginning on or after January 1,...

Section 24344. - 24344. (a) Section 163 of the Internal Revenue Code, relating...

Section 24344.5. - 24344.5. (a) A deduction, determined in accordance with Section 163(e)...

Section 24344.7. - 24344.7. The amendments to Section 163 of the Internal Revenue...

Section 24345. - 24345. A deduction shall be allowed for taxes or licenses...

Section 24345.5. - 24345.5. A deduction shall not be allowed for the fee...

Section 24346. - 24346. (a) For purposes of subdivision (a) of Section 24345,...

Section 24347. - 24347. For taxable years beginning on or after January 1,...

Section 24347.4. - 24347.4. (a) Section 165(i) of the Internal Revenue Code, relating...

Section 24347.5. - 24347.5. (a) An excess disaster loss, as defined in subdivision...

Section 24347.6. - 24347.6. (a) An excess disaster loss, as defined in subdivision...

Section 24347.7. - 24347.7. (a) An excess disaster loss, as defined in subdivision...

Section 24347.8. - 24347.8. (a) An excess disaster loss, as defined in subdivision...

Section 24347.9. - 24347.9. (a) An excess disaster loss, as defined in subdivision...

Section 24347.10. - 24347.10. (a) An excess disaster loss, as defined in subdivision...

Section 24347.11. - 24347.11. (a) Section 165(i) of the Internal Revenue Code shall...

Section 24347.12. - 24347.12. (a) Section 165(i) of the Internal Revenue Code shall...

Section 24347.13. - 24347.13. (a) Section 165(i) of the Internal Revenue Code shall...

Section 24347.14. - 24347.14. (a) For taxable years beginning on or after January...

Section 24348. - 24348. (a) There shall be allowed as a deduction either...

Section 24349. - 24349. (a) There shall be allowed as a depreciation deduction...

Section 24349.1. - 24349.1. (a) Section 280F of the Internal Revenue Code, relating...

Section 24349.2. - 24349.2. Section 280G of the Internal Revenue Code, relating to...

Section 24350. - 24350. Paragraphs (2), (3), and (4) of Section 24349(b) shall...

Section 24351. - 24351. Where, under regulations prescribed by the Franchise Tax Board,...

Section 24352. - 24352. In the absence of an agreement under Section 24351...

Section 24352.5. - 24352.5. (a) Under regulations prescribed by the Franchise Tax Board,...

Section 24353. - 24353. (a) The basis on which exhaustion, wear and tear,...

Section 24354. - 24354. In the case of property held by one person...

Section 24354.1. - 24354.1. (a) Except as provided in subdivisions (b) and (c)...

Section 24355. - 24355. Section 167(f) of the Internal Revenue Code, relating to...

Section 24355.3. - 24355.3. For purposes of computing the depreciation deduction pursuant to...

Section 24355.4. - 24355.4. For purposes of computing the depreciation deduction under Section...

Section 24355.5. - 24355.5. (a) Section 197 of the Internal Revenue Code, relating...

Section 24356. - 24356. (a) (1) In the case of Section 24356 property,...

Section 24357. - 24357. (a) There shall be allowed as a deduction any...

Section 24357.1. - 24357.1. (a) The amount of any charitable contribution of property...

Section 24357.2. - 24357.2. (a) In the case of a contribution (not made...

Section 24357.3. - 24357.3. For purposes of Section 24357, in determining the value...

Section 24357.4. - 24357.4. If, in connection with any charitable contribution, a liability...

Section 24357.5. - 24357.5. No deduction shall be allowed under Section 24357 for...

Section 24357.6. - 24357.6. No deduction shall be allowed under this part for...

Section 24357.7. - 24357.7. (a) (1) For purposes of paragraph (3) of subdivision...

Section 24357.8. - 24357.8. (a) In the case of a qualified research contribution,...

Section 24357.9. - 24357.9. (a) In the case of a qualified computer contribution,...

Section 24357.10. - 24357.10. (a) For purposes of Section 24357, 80 percent of...

Section 24358. - 24358. (a) In the case of a corporation, the total...

Section 24359. - 24359. For purposes of Sections 24357 to 24359, inclusive, the...

Section 24359.1. - 24359.1. Notwithstanding any other provision of law, any credit or...

Section 24360. - 24360. In the case of any bond, as defined in...

Section 24361. - 24361. (a) For purposes of subsection (b), the amount of...

Section 24362. - 24362. (a) Sections 24360 to 24363.5, inclusive, shall apply to...

Section 24363. - 24363. For purposes of Sections 24360 to 24363.5, inclusive, the...

Section 24363.5. - 24363.5. (a) Except as provided in regulations, in the case...

Section 24364. - 24364. Notwithstanding Article 3 (commencing with Section 24421), all expenditures...

Section 24365. - 24365. (a) Section 174 of the Internal Revenue Code, relating...

Section 24368.1. - 24368.1. (a) Section 167(e) of the Internal Revenue Code, relating...

Section 24369. - 24369. Section 175 of the Internal Revenue Code, relating to...

Section 24369.4. - 24369.4. (a) Section 198 of the Internal Revenue Code, relating...

Section 24370. - 24370. There shall also be allowed as a deduction, under...

Section 24372.3. - 24372.3. (a) Section 169 of the Internal Revenue Code, relating...

Section 24372.5. - 24372.5. (a) Section 194 of the Internal Revenue Code, relating...

Section 24373. - 24373. Section 178 of the Internal Revenue Code, relating to...

Section 24377. - 24377. (a) A taxpayer engaged in the business of farming...

Section 24379. - 24379. Section 83 of the Internal Revenue Code, relating to...

Section 24382. - 24382. (a) Section 216 of the Internal Revenue Code, relating...

Section 24383. - 24383. (a) Every taxpayer, at the election of the taxpayer,...

ARTICLE 2 - Special Deductions

Section 24401. - 24401. In addition to the deductions provided in Article 1...

Section 24402. - 24402. (a) A portion of the dividends received during the...

Section 24403. - 24403. In the case of a building and loan association,...

Section 24404. - 24404. In the case of farmers, fruit growers, or like...

Section 24405. - 24405. (a) In the case of other associations organized and...

Section 24406. - 24406. In the case of other associations organized and operated...

Section 24406.5. - 24406.5. (a) In the case of gas producers’ cooperative associations...

Section 24406.6. - 24406.6. For purposes of Section 24373.5, and Sections 24404 to...

Section 24407. - 24407. (a) The organizational expenditures of a corporation may, at...

Section 24408. - 24408. The term “organizational expenditures” means any expenditure that meets...

Section 24409. - 24409. The election provided by Section 24407 may be made...

Section 24410. - 24410. (a) For taxable years commencing on or after January...

Section 24411. - 24411. (a) For purposes of those taxpayers electing to compute...

Section 24414. - 24414. (a) Section 195 of the Internal Revenue Code, relating...

Section 24415. - 24415. (a) To the extent specified in subdivision (b), there...

Section 24416. - 24416. Except as provided in Sections 24416.1, 24416.2, 24416.4, 24416.5,...

Section 24416.05. - 24416.05. (a) In addition to the modifications made by Section...

Section 24416.1. - 24416.1. (a) A qualified taxpayer, as defined in Section 24416.2,...

Section 24416.3. - 24416.3. (a) Notwithstanding Sections 24416, 24416.1, 24416.2, 24416.4, 24416.5, 24416.6,...

Section 24416.4. - 24416.4. (a) The term “qualified taxpayer” as used in Section...

Section 24416.7. - 24416.7. (a) The term “qualified taxpayer” as used in Section...

Section 24416.21. - 24416.21. (a) Notwithstanding Sections 24416, 24416.1, 24416.2, 24416.4, 24416.5, 24416.6,...

Section 24416.22. - 24416.22. Notwithstanding Section 24416.1, 24416.2, 24416.4, 24416.5, 24416.6, or 24416.7...

Section 24416.23. - 24416.23. (a) Notwithstanding Sections 24416, 24416.1, 24416.4, 24416.7, and 24416.22,...

ARTICLE 3 - Items Not Deductible

Section 24421. - 24421. In computing “net income” of taxpayers under this part,...

Section 24422. - 24422. No deduction shall be allowed for both of the...

Section 24422.3. - 24422.3. (a) Section 263A of the Internal Revenue Code, relating...

Section 24423. - 24423. (a) Notwithstanding Section 24422, regulations shall be prescribed by...

Section 24424. - 24424. Section 264 of the Internal Revenue Code, relating to...

Section 24425. - 24425. (a) No deduction shall be allowed for any amount...

Section 24426. - 24426. Amounts paid or accrued for such taxes and carrying...

Section 24427. - 24427. Section 267 of the Internal Revenue Code, relating to...

Section 24429. - 24429. Section 276 of the Internal Revenue Code, relating to...

Section 24431. - 24431. (a) If— (1) Any person or persons acquire, or...

Section 24434. - 24434. (a) In the case of a taxpayer (other than...

Section 24436.1. - 24436.1. (a) In computing net income, deductions, including deductions for...

Section 24436.5. - 24436.5. (a) No deduction shall be allowed for interest, depreciation,...

Section 24437. - 24437. Section 277 of the Internal Revenue Code, relating to...

Section 24438. - 24438. (a) No deduction shall be allowed for any interest...

Section 24439. - 24439. (a) No deduction shall be allowed to the issuing...

Section 24440. - 24440. (a) Section 280C(b) of the Internal Revenue Code, relating...

Section 24441. - 24441. In computing net income no deduction shall be allowed...

Section 24442. - 24442. In the case of the demolition of any structure—...

Section 24442.5. - 24442.5. Section 280H of the Internal Revenue Code, relating to...

Section 24443. - 24443. Section 274 of the Internal Revenue Code, relating to...

Section 24447. - 24447. The Franchise Tax Board may disallow a deduction under...

Section 24448. - 24448. (a) Notwithstanding any other provisions in this part, in...

Section 24449. - 24449. (a) Section 291 of the Internal Revenue Code, relating...

<< Previous

Next >>

California Code PART 11 - CORPORATION TAX LAW CHAPTER 7 - Net Income

California Code
PART 11 - CORPORATION TAX LAW
CHAPTER 7 - Net Income