California Revenue and Taxation Code

§ 24357.10

RTC § 24357.10 Effective Oct 2, 1989Div. 2 · Part 11 · Ch. 7 · Art. 1

Statute text

(a)For purposes of Section 24357, 80 percent of any amount described in subdivision (b) shall be treated as a charitable contribution.

(b)For purposes of subdivision (a), an amount is described in this subdivision if each of the following applies:

(1)The amount is paid by the taxpayer to or for the benefit of an educational organization which is:

…

Legislative history

Added by Stats. 1989, Ch. 1352, Sec. 102. Effective October 2, 1989. Applicable to income years beginning on or after January 1, 1989, by Sec. 172 of Ch. 1352.