§ 5523. Qualified Expenditures.
10 CA ADC § 5523Barclays Official California Code of RegulationsEffective: December 22, 2023
Effective: December 22, 2023
10 CCR § 5523
§ 5523. Qualified Expenditures.
(1) Qualified Wages shall also include payments to a qualified entity to the extent its services are performed in California, including, but not limited to, Qualified Expenditures as defined in sections 17053.98(b)(15) and 23698(b)(15) of the Revenue and Taxation Code. Examples of Qualified Expenditures are set forth on the Qualified Expenditure Charts as identified on the CFC website. These charts are only provided as a reference for the applicant and should not be considered conclusive or limiting.
Credits
Note: Authority cited: Sections 17053.98(b), 17053.98(e), 23698(b) and 23698(e), Revenue and Taxation Code; and Section 11152, Government Code. Reference: Sections 17053.98 and 23698, Revenue and Taxation Code; and Section 14998.1, Government Code.
History
1. New section filed 7-1-2020; operative 7-1-2020 pursuant to Government Code section 11343.4(b)(3) (Register 2020, No. 27).
2. Amendment of subsection (b)(2) filed 12-22-2023; operative 12-22-2023 pursuant to Government Code section 11343.4(b)(3) (Register 2023, No. 51).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 10, § 5523, 10 CA ADC § 5523
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