California Legal Codes and Statutes

§ 17321.1

Added by Stats. 2025, Ch. 231, Sec. 46. (SB 711) Effective October 1, 2025.

The amendments to Section 367(a) of the Internal Revenue Code as enacted by Section 14102 of the Tax Cuts and Jobs Act, 2017 (Public Law 115-97), relating to repeal of the exception for transfers of certain property used in the active conduct of a trade or business, shall not apply.

Cite this section

Cal. Rev. & Tax. Code § 17321.1 (2026)
https://ca.codecond.com/codes/rtc/division-2-other-taxes/part-10-personal-income-tax/chapter-4-corporate-distributions-and-adjustments/section-17321.1

Other sections in Chapter 4 - Corporate Distributions and Adjustments

§ 17321§ 17321.1§ 17322§ 17322.5§ 17323§ 17324

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