California Revenue and Taxation Code ARTICLE 1 - Computation of Gain or Loss

• Section 24901.
  (a) The gain from the sale or other disposition of property shall be the excess of the amount realized therefrom over the adjusted basis provided in...
• Section 24902.
  Except as otherwise provided in this part, on the sale or exchange of property the entire amount of the gain or loss, determined under Section...
• Section 24905.
  (a) Section 988 of the Internal Revenue Code, relating to treatment of certain foreign currency transactions, shall apply, except as otherwise provided.(b) Section 988(a)(3) of the Internal...
• Section 24905.5.
  For each taxable year beginning on or after January 1, 1997, the amendments made to Section 988 of the Internal Revenue Code by Section 13223...

Last modified: October 22, 2018