Section 1202 of the Internal Revenue Code, relating to 50-percent exclusion for gain from certain small business stock, does not apply.
(Amended by Stats. 2018, Ch. 92, Sec. 197. (SB 1289) Effective January 1, 2019.)
Section 18152
Rev. & Tax. Code § 18152, under General Rules for Determining Capital Gains and Losses.
Rev. & Tax. Code § 18152