California Revenue and Taxation Code

§ 17078

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

RTC § 17078 Effective Oct 6, 1993Div. 2 · Part 10 · Ch. 3 · Art. 1

Statute text

View on leginfo.ca.gov

(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 Revenue Code, relating to source, shall not apply.

Legislative history

Amended by Stats. 1993, Ch. 877, Sec. 13. Effective October 6, 1993.