Cal. Rev. & Tax. Code § 23045.1

Current through the 2023 Legislative Session.

Section 23045.1 - "Substituted basis property" defined

For purposes of this part, the term "substituted basis property" has the same meaning given that term by Section 7701(a)(42) of the Internal Revenue Code.

Ca. Rev. and Tax. Code § 23045.1

Added by Stats. 1987, Ch. 1139, Sec. 8. Effective September 25, 1987. Applicable to income years beginning on or after January 1, 1987, by Sec. 241 of Ch. 1139.