Section 17206 - Applicability of IRC Section 170(a) For purposes of Section 17201, Section 170 of the Internal Revenue Code, relating to charitable, etc., contributions and gifts, shall be applied to allow a taxpayer to elect to treat any contribution described in subdivision (b) made in January 2005, as if that contribution was made on December 31, 2004, and not in January 2005.(b) A contribution is described in this subdivision if that contribution is a cash contribution made for the relief of victims in areas affected by the December 26, 2004, Indian Ocean tsunami for which a charitable contribution deduction is allowable under Section 17201.Ca. Rev. and Tax. Code § 17206
Amended by Stats 2010 ch 14 (SB 401),s 17, eff. 1/1/2011.Added by Stats 2005 ch 5 (SB 50),s 1, eff. 3/10/2005.