California Revenue and Taxation Code

§ 23706

RTC § 23706 Effective Oct 1, 1985Div. 2 · Part 11 · Ch. 4 · Art. 1

Statute text

Any exemption from the bank and corporation franchise tax under Chapter 2 (commencing with Section 23101) or the corporation income tax under Chapter 3 (commencing with Section 23501), granted by any California statute on or after January 1, 1985, for an organization which is an instrumentality of this state, shall be provided for in this part of the code.

Legislative history

Added by Stats. 1985, Ch. 1461, Sec. 87. Effective October 1, 1985.