Summary of Federal Income Tax Changes 2010
Do you ever wonder how new federal tax laws or changes to existing federal tax laws affect California? Does California conform? Well, if you answered yes, here is the answer.
Our staff prepared a report that we provide annually to the Legislature. Our 2010 Summary of Federal Income Tax Changes report explains new federal laws along with the effective dates, the corresponding California law, if any, includes an explanation of any changes made in response to the new federal law, and the impact on California revenue if California conforms to the federal changes.
The report also contains citations to the section numbers of federal Public Laws, the Internal Revenue Code (IRC), and how the federal changes affect California Revenue and Taxation Code (R&TC).
View the report on our website.