California Revenue and Taxation Code

§ 23703.5

RTC § 23703.5 Effective Oct 7, 2005Div. 2 · Part 11 · Ch. 4 · Art. 1

Statute text

Section 501(p) of the Internal Revenue Code, relating to suspension of tax-exempt status of terrorist organizations, shall apply, except as otherwise provided:

(a)References to Section 501(a) of the Internal Revenue Code shall be modified to refer to Section 23701.

(b)Section 501(p)(4) of the Internal Revenue Code is modified by substituting the phrase “under Part 10 (commencing with Section 17001) and this part” for the phrase “under any provision of this title, including Sections 170, 545(b)(2), 556(b)(2), 642(c), 2055, 2106(a)(2), and 2522” contained therein.

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Legislative history

Amended by Stats. 2005, Ch. 691, Sec. 55. Effective October 7, 2005.