Nothing in the regulations promulgated under this section shall be applied in a manner as to supersede final judicial interpretations regarding the application of the interest offset (Section 24344(b) of the Revenue and Taxation Code) with respect to members of a combined reporting group.

Note: Authority cited: Section 19503, Revenue and Taxation Code. Reference: Section 25106.5, Revenue and Taxation Code.

History

1. New section filed 7-13-99; operative 8-12-99 (Register 99, No. 29).