Section 381(c)(20) of the Internal Revenue Code, relating to carryforward of disallowed business interest, shall not apply.
(Added by Stats. 2025, Ch. 231, Sec. 108. (SB 711) Effective October 1, 2025.)
Section 24471.5
Rev. & Tax. Code § 24471.5, under Corporate Distributions and Adjustments.
Rev. & Tax. Code § 24471.5