California Revenue and Taxation Code CHAPTER 14 - General Rules for Determining Capital Gains and Losses

• Section 18151.
  Subchapter P of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to capital gains and losses, shall apply, except as otherwise provided.(Amended...
• Section 18151.5.
  Section 301 of Title III of Division A of the Emergency Economic Stabilization Act of 2008 (Public Law 110-343), relating to gain or loss from...
• Section 18152.
  (a) Section 1202 of the Internal Revenue Code, relating to 50-percent exclusion for gain from certain small business stock, shall not apply.(b) Any reference in the Internal...
• Section 18154.
  Notwithstanding any other law, for purposes of this part, the natural gas transmission line explosion on September 9, 2010, in San Bruno, California, shall be...
• Section 18155.
  A deduction shall not be allowed for capital loss carrybacks provided by Section 1212 of the Internal Revenue Code, relating to capital loss carrybacks and...
• Section 18155.5.
  Section 1223 of the Internal Revenue Code, relating to holding period of property, is modified to additionally provide that in determining the period for which...
• Section 18155.6.
  For taxable years beginning on or after January 1, 2010, specific reference to Sections 1223(4) to (16), inclusive, of the Internal Revenue Code in this...
• Section 18165.
  (a) Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deductions treated as amortization, is modified to also refer to Sections 17252.5, 17265, and 17266.(b) Section...
• Section 18171.
  Section 1250(b) of the Internal Revenue Code, relating to additional depreciation, is modified as follows:(a) “Depreciation adjustments,” as defined in Section 1250(b)(3) of the Internal Revenue...
• Section 18171.5.
  Section 1250(a) of the Internal Revenue Code is modified as follows:(a) The date “December 31, 1970” is substituted for “July 24, 1969,” and “December 31, 1969.”(b) The...
• Section 18177.
  Section 1275(a)(3) of the Internal Revenue Code, relating to the definition of tax-exempt obligations, does not apply but instead the term “tax-exempt obligation” means an...
• Section 18178.
  Section 1272 of the Internal Revenue Code shall be modified as follows:(a) For taxable years beginning on or after January 1, 1987, and before the taxable...
• Section 18180.
  (a) Section 7872 of the Internal Revenue Code, relating to treatment of loans with below market interest rates, shall apply, except as otherwise provided.(b) Section 7872(h) of...
• Section 18181.
  Part VI of Subchapter P of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to treatment of certain passive foreign investment companies,...

Last modified: October 22, 2018