Section 451 of the Internal Revenue Code, relating to the general rule for taxable year of inclusion, shall apply, except as otherwise provided.
(Amended by Stats. 1994, Ch. 1243, Sec. 66. Effective September 30, 1994.)
Rev. & Tax. Code § 24661, under Year of Inclusion.
Rev. & Tax. Code § 24661
Section 451 of the Internal Revenue Code, relating to the general rule for taxable year of inclusion, shall apply, except as otherwise provided.
(Amended by Stats. 1994, Ch. 1243, Sec. 66. Effective September 30, 1994.)