Cal. Code Regs. tit. 18 § 24349(n)
Current through Register 2024 Notice Reg. No. 52, December 27, 2024
The basis upon which the allowance for depreciation is to be computed with respect to any property shall be the adjusted basis provided in Article 2 of Chapter 15 for the purpose of determining gain on the sale or other disposition of such property.
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* Except for the deletion of the last sentence of the federal regulation this regulation is substantially the same as Section 26 CFR 1.167(g)-1.
Cal. Code Regs. Tit. 18, § 24349(n)