DIVISION 2. OTHER TAXES 6001-61050›PART 11. CORPORATION TAX LAW 23001-25141›CHAPTER 8. Corporate Distributions and Adjustments 24451-24481

§ 24471.5

California Revenue and Taxation Code · 2026-09 edition · updated 2026-10-03 · California

Section 381(c)(20) of the Internal Revenue Code, relating to carryforward of disallowed business interest, shall not apply.

(Added by Stats. 2025, Ch. 231, Sec. 108. (SB 711) Effective October 1, 2025.)

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California Revenue and Taxation Code

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