Cal. Rev. & Tax. Code § 17012

Current through the 2023 Legislative Session.

Section 17012 - "Paid or incurred" and "paid or accrued" defined

"Paid or incurred" and "paid or accrued" shall be construed according to the method of accounting upon the basis of which the taxable income is computed under this part.

Ca. Rev. and Tax. Code § 17012

Repealed and added by Stats. 1955, Ch. 939.