California · Revenue and Taxation Code - RTC
RTC §24368.1: (a) Section 167(e) of the Internal Revenue Code, relating to certain term interests not depreciable, shall apply.
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(a) Section 167(e) of the Internal Revenue Code, relating to certain term interests not depreciable, shall apply. (b) The provisions of Section 7622(b) of Public Law 101-239, relating to the effective date of changes in treatment of transfers of franchises, trademarks, and trade names, shall apply. (c) The provisions of Section 7645(b) of Public Law 101-239, relating to the effective date of disallowance of depreciation for certain term interests, shall apply.
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