§ 24349(n). Basis for Depreciation.

Source: https://govt.westlaw.com/calregs/Document/IFF79EC934C8311EC89E5000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)

The basis upon which the allowance for depreciation is to be computed with respect to any property shall be the adjusted basis provided in Article 2 of Chapter 15 for the purpose of determining gain on the sale or other disposition of such property.

---

• Except for the deletion of the last sentence of the federal regulation this regulation is substantially the same as Section 26 CFR 1.167(g)-1.