California Revenue and Taxation Code

§ 24408

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

RTC § 24408 Effective Jan 1, 1998Div. 2 · Part 11 · Ch. 7 · Art. 2

The term “organizational expenditures” means any expenditure that meets all of the following requirements:

(a)Is incident to the creation of the corporation.

(b)Is chargeable to capital account.

…

Legislative history

Amended by Stats. 1997, Ch. 605, Sec. 92. Effective January 1, 1998.