Cal. Code Regs. Tit. 18, § 24349(n) - * Basis for Depreciation
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.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.