California Revenue and Taxation Code

§ 17286

RTC § 17286 Effective Jul 28, 1983Div. 2 · Part 10 · Ch. 3 · Art. 6

Statute text

In addition to the deduction denied under Section 162(c)(1) of the Internal Revenue Code, relating to payments made to officials or employees of a foreign government, no deduction shall be allowed for any payment that would be unlawful under the laws of the United States, if those laws were applicable to the payment and to the official or employee.

Legislative history

Added by Stats. 1983, Ch. 498, Sec. 143. Effective July 28, 1983.