§ 17020.5
39 words·~1 min read·
/ca/revenue-and-taxation-code/17020-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of this part, in determining the amount of gain or loss (or deemed gain or loss) with respect to any property, Section 7701(g) of the Internal Revenue Code, relating to nonrecourse indebtedness, applies, except as otherwise provided.