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Earlier editions: 2020-112018-11

DIVISION 2. OTHER TAXES 6001-61050›PART 11. CORPORATION TAX LAW 23001-25141›CHAPTER 15. Gain or Loss on Disposition of Property 24901-24998›ARTICLE 2. Basis for Computation of Gain or Loss 24911-24919

§ 24913

California Revenue and Taxation Code · 2026-10 edition · updated 2026-10-04 · California

If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.

(Added by Stats. 1955, Ch. 938.)

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California Revenue and Taxation Code

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