§ 24355.4
34 words·~1 min read·
/ca/revenue-and-taxation-code/24355-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For purposes of computing the depreciation deduction under Section 24349, a class life of four years shall be used for any qualified rent-to-own property as defined in Section 168(i)(14) of the Internal Revenue Code.