California § 24990.6 - Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deduction
Full text of California Public Contract Code - PCC § 24990.6 — Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deduction, with citation guidance and answers to common questions.
§ 24990.6. Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deduction
(a) Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deductions treated as amortization, is modified to also refer to Sections 24356.2, 24356.3, and 24356.4. (b) Section 1245(b)(8) of the Internal Revenue Code, relating to disposition of amortizable Section 197 intangibles, shall apply to dispositions of property on or after January 1, 2010.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 24990.6
What does Public Contract Code - PCC § 24990.6 cover?
Section 24990.6 ("Section 1245(a)(2)(C) of the Internal Revenue Code, relating to certain deduction") 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 § 24990.6?
A common citation format is "Public Contract Code - PCC § 24990.6" (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 § 24990.6 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.