§ 24430
40 words·~1 min read·
/ca/revenue-and-taxation-code/24430A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The amendments made by Section 13304 of the Tax Cuts and Jobs Act, 2017 (Public Law 115-97) to Section 274 of the Internal Revenue Code, relating to limitation on deduction by employers of expenses for fringe benefits, shall not apply.