California Legal Codes and Statutes

§ 24913

Added by Stats. 1955, Ch. 938.

If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.

Cite this section

Cal. Rev. & Tax. Code § 24913 (2026)
https://ca.codecond.com/codes/rtc/division-2-other-taxes/part-11-corporation-tax-law/chapter-15-gain-or-loss-on-disposition-of-property/article-2-basis-for-computation-of-gain-or-loss/section-24913

Other sections in Article 2 - Basis for Computation of Gain or Loss

§ 24911§ 24912§ 24913§ 24914§ 24915§ 24916§ 24916.2§ 24917§ 24918§ 24919

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