California Revenue and Taxation Code ARTICLE 5 - Inventories

• Section 24701.
  (a) Section 471 of the Internal Revenue Code, relating to the general rule for inventories, shall apply, except as otherwise provided.(b) Section 472 of the Internal Revenue...
• Section 24708.
  Section 474 of the Internal Revenue Code, relating to simplified dollar-value LIFO method for certain small businesses, shall apply, except as otherwise provided.(Amended by Stats....
• Section 24710.
  (a) For each taxable year beginning on or after January 1, 1997, Section 475 of the Internal Revenue Code, relating to mark to market accounting method...

Last modified: October 22, 2018