California § 17260 - No deduction, other than depreciation, shall be allowed for expenditures for tert
Full text of California Public Contract Code - PCC § 17260 — No deduction, other than depreciation, shall be allowed for expenditures for tert, with citation guidance and answers to common questions.
§ 17260. No deduction, other than depreciation, shall be allowed for expenditures for tert
(a) No deduction, other than depreciation, shall be allowed for expenditures for tertiary injectants as provided by Section 193 of the Internal Revenue Code. (b) Section 263(a) of the Internal Revenue Code shall not apply to expenditures for which a deduction is allowed under Section 17266 or 17267.2. (c) Section 263(c) of the Internal Revenue Code, relating to intangible drilling and development costs in the case of oil and gas wells and geothermal wells, shall not apply to intangible drilling and development costs, in the case of oil and gas wells, paid or incurred on or after January 1, 2024.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 17260
What does Public Contract Code - PCC § 17260 cover?
Section 17260 ("No deduction, other than depreciation, shall be allowed for expenditures for tert") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 17260?
A common citation format is "Public Contract Code - PCC § 17260" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 17260 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.