Cal. Rev. & Tax. Code § 23045.3

Current through the 2023 Legislative Session.

Section 23045.3 - "Exchanged basis property" defined

For purposes of this part, the term "exchanged basis property" has the same meaning given that term by Section 7701(a)(44) of the Internal Revenue Code, except that reference to Subtitle A shall instead be a reference to this part.

Ca. Rev. and Tax. Code § 23045.3

Added by Stats. 1987, Ch. 1139, Sec. 10. Effective September 25, 1987. Applicable to income years beginning on or after January 1, 1987, by Sec. 241 of Ch. 1139.