California Legal Codes and Statutes

§ 24458

Added by Stats. 2009, Ch. 401, Sec. 1. (AB 11) Effective October 11, 2009.

Internal Revenue Service Notice 2008-83, 2008-42 I.R.B. 905, issued on October 20, 2008, relating to the treatment of deductions under Section 382(h) of the Internal Revenue Code following an ownership change, shall not be applicable for purposes of taxes imposed under Part 11 (commencing with Section 23001) of Division 2, of this code with respect to any ownership change occurring at any time.

Cite this section

Cal. Rev. & Tax. Code § 24458 (2026)
https://ca.codecond.com/codes/rtc/division-2-other-taxes/part-11-corporation-tax-law/chapter-8-corporate-distributions-and-adjustments/section-24458

Other sections in Chapter 8 - Corporate Distributions and Adjustments

§ 24451§ 24451.1§ 24452§ 24453§ 24454§ 24454.1§ 24455§ 24456§ 24457§ 24458§ 24459§ 24461§ 24465§ 24471§ 24471.5§ 24472§ 24473§ 24481

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 16, 2026.