§ 17271
61 words·~1 min read·
/ca/revenue-and-taxation-code/17271A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The amendments made to Section 162(m) of the Internal Revenue Code by Section 13601(e)(2) of the Tax Cuts and Jobs Act, 2017 (Public Law 115-97), relating to exception for binding contracts, shall apply, and is modified by substituting “March 31, 2019” for “November 2, 2017.”
(b)Section 162(m)(3)(C) of the Internal Revenue Code, relating to covered employee, shall not apply.