§ 24382
48 words·~1 min read·
/ca/revenue-and-taxation-code/24382A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Section 216 of the Internal Revenue Code, relating to deduction of taxes, interest, and business depreciation by cooperative housing corporation tenant-stockholder, shall apply, except as otherwise provided.
(b)Section 6282(b) of Public Law 100-647, relating to the effective date for distributions by cooperative housing corporations, shall apply.