California Revenue and Taxation Code ARTICLE 4.5 - Capital Gains and Losses

• Section 24990.
  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 24990.2.
  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 24990.4.
  For taxable years beginning on or after January 1, 1997:(a) Section 1237(a) of the Internal Revenue Code, relating to real property subdivided for sale, is modified...
• Section 24990.5.
  (a) Section 1201 of the Internal Revenue Code, relating to alternative tax for corporations, shall not be applicable.(b)  The provisions of Section 1212 of the Internal...
• Section 24990.6.
  (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 24356.2, 24356.3, and 24356.4.(b) Section...
• Section 24990.7.
  The provisions of Section 1248 of the Internal Revenue Code, relating to gain from certain sales or exchanges of stock in certain foreign corporations, shall...
• Section 24990.8.
  For taxable years beginning on or after January 1, 2010, specific reference to Section 1223(4) to (16), inclusive, of the Internal Revenue Code in this...
• Section 24991.
  Section 1275(a)(3) of the Internal Revenue Code, relating to the definition of tax-exempt obligation, does not apply but instead the term “tax-exempt obligation” means an...
• Section 24993.
  (a) Section 7872 of the Internal Revenue Code, relating to the treatment of loans with below market interest rates, shall apply, except as otherwise provided.(b) Section 7872(h)...
• Section 24995.
  The provisions of Part VI of Subchapter P of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to treatment of certain passive...

Last modified: October 22, 2018