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Earlier editions: 2020-112018-112026-09

DIVISION 2. OTHER TAXES 6001-61050›PART 11. CORPORATION TAX LAW 23001-25141›CHAPTER 7. Net Income 24341-24449›ARTICLE 1. Deductions 24341-24383

§ 24345.7

California Revenue and Taxation Code · 2026-10 edition · updated 2026-10-04 · California

A deduction shall not be allowed for the excise tax imposed by Section 5000D of the Internal Revenue Code, relating to designated drugs during noncompliance periods.

(Added by Stats. 2025, Ch. 231, Sec. 91. (SB 711) Effective October 1, 2025.)

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California Revenue and Taxation Code

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