California Revenue and Taxation Code ARTICLE 9 - Affiliated Railroads

• Section 23361.
  “Affiliated group” means one or more chains of corporations connected through stock ownership with a common parent corporation if during the period when the income...
• Section 23362.
  An affiliated group, subject to the provisions of this article, shall have the privilege of making a consolidated return for the taxable year in lieu...
• Section 23363.
  The Franchise Tax Board shall prescribe such regulations as it may deem necessary in order that the tax liability of any affiliated group of corporations...
• Section 23364.
  If a consolidated return is made subject to the provisions of this article, the tax imposed under this chapter shall be computed as a unit...
• Section 23364a.
  Where a member of an affiliated group filing a consolidated return is a corporation commencing to do business in this state for the first time...

Last modified: October 22, 2018