§ 23226
68 words·~1 min read·
/ca/revenue-and-taxation-code/23226A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the case of the taxpayer taxable in the manner provided in Sections 23222 to 23224.5, inclusive, reporting income from any source on a deferred basis, the Franchise Tax Board is authorized to distribute or apportion such income, or deductions applicable thereto, if it determines that such distribution or apportionment is necessary in order to prevent avoidance of taxes or clearly to reflect the income of the taxpayer.