Article 1. Deductions | Midpage

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California Code of Regulations

Division 3. Franchise Tax Board

Chapter 3.5. Bank and Corporation Tax

Subchapter 7. Net Income

Article 1. Deductions

Article 1. Deductions

State of California

24343Disallowance of Expenses Incurred at Private Clubs Which Discriminate. [Repealed]24344(b). Deduction for Bond Discount. [Repealed]24345-1Deduction for Taxes or Licenses in General.24345-2Taxes for Local Benefits.24345-3Federal Stamp Taxes.24345-4Sales and Gasoline Taxes.24345-5Federal Social Security Taxes and State Unemployment Insurance Contributions.24345-6Taxes of Shareholder Paid by Corporation.24345-7Foreign Taxes.24347-1Losses. [Repealed]24347-2Obsolescence of Nondepreciable Property. [Repealed]24347-3Demolition of Buildings. [Repealed]24347-4Decline in Value of Stock. [Repealed]24347-5Worthless Securities. [Repealed]24347-6Losses of Farming Corporations. [Repealed]24347-7Casualty Losses. [Repealed]24347-8Theft Losses. [Repealed]24348(h). Sale of Mortgaged or Pledged Property. [Repealed]24349(o). ** Depreciation of Improvements in the Case of Mines, Etc.24351Agreement As to Useful Life and Rates of Depreciation. [Repealed]24352[FN***] Change in Method.24355(b). Amortization of Grain Storage Facilities. [Repealed]24356(d). [FN*] Time and Manner of Making Election.24356.1(c). [FN*] Basis Adjustments for Taxable Years Between Changeover Date and 1959 Adjustment Date. [Repealed]24356.7-1Recapture of Deduction for Qualified Property Previously Used in an Enterprise Zone.24357-1Charitable, etc., Contributions and Gifts; Allowance of Deduction.24357-2Contributions or Gifts by Banks and Corporations.24360-1Election with Respect to Taxable Bonds.24360-24363(d). Definition.24364[FN*] Circulation Expenditures.24365-24368(d). [FN*] Treatment As Deferred Expenses.24368.1[FN*] Election to Amortize Trademark and Trade Name Expenditures.24369(e). Adoption or Change in Method. [Repealed]24377(b). [FN*] Time and Manner of Making Election and Revocation.