Cal. Rev. & Tax. Code § 17278.5

Current through the 2023 Legislative Session.

Section 17278.5 - Applicability of IRC Section 194

The deduction allowed by Section 194 of the Internal Revenue Code, relating to amortization of reforestation expenditures, shall be available only with respect to qualified timber property located in this state.

Ca. Rev. and Tax. Code § 17278.5

Added by Stats. 1997, Ch. 611, Sec. 36. Effective October 3, 1997.