California Revenue and Taxation Code ARTICLE 1 - Definitions

• Section 24271.
  (a) Section 61 of the Internal Revenue Code, relating to gross income defined, shall apply, except as otherwise provided.(b) A distributive share of partnership gross income shall...
• Section 24272.
  For the purposes of the tax imposed under Chapter 2 (commencing with Section 23101), “gross income” includes all interest received from federal, state, municipal or...
• Section 24272.2.
  The provisions of Section 72(u) of the Internal Revenue Code, relating to the treatment of annuity contracts not held by natural persons, shall be applicable.(Added...
• Section 24272.5.
  (a) Section 7518 of the Internal Revenue Code, relating to tax incentives relating to merchant marine capital construction funds, shall apply, except as otherwise provided.(b) Section 7518(d)(2)(C)...
• Section 24273.
  (a) Amounts received as loans from the Commodity Credit Corporation shall, at the election of the taxpayer, be considered as income and shall be included in...
• Section 24273.5.
  (a) Noncash patronage allocations from farmers’ cooperative and mutual associations (whether paid in capital stock, revolving fund certificates, retain certificates, certificates of indebtedness, letters of advice...
• Section 24275.
  In the case of any taxpayer who is required to include the amount of any nuclear decommissioning costs in the taxpayer’s cost of service for...
• Section 24276.
  Section 90 of the Internal Revenue Code, relating to illegal federal irrigation subsidies, shall apply to water delivered to the taxpayer on or after January...

Last modified: October 22, 2018