Cal. Rev. & Tax. Code § 17286

Current through the 2023 Legislative Session.

Section 17286 - Payment that would unlawful under United States law applicable to payment and to official or employee

In addition to the deduction denied under Section 162(c)(1) of the Internal Revenue Code, relating to payments made to officials or employees of a foreign government, no deduction shall be allowed for any payment that would be unlawful under the laws of the United States, if those laws were applicable to the payment and to the official or employee.

Ca. Rev. and Tax. Code § 17286

Added by Stats. 1983, Ch. 498, Sec. 143. Effective July 28, 1983.