Section 17078 Of Article 1. Definition Of Gross Income, Adjusted Gross Income, Taxable Income, Etc. From California Revenue And Taxation Code >> Division 2. >> Part 10. >> Chapter 3. >> Article 1.

. (a) Section 988 of the Internal Revenue Code, relating to treatment of certain foreign currency transactions, shall apply, except as otherwise provided.
  (b) Section 988(a)(3) of the Internal Revenue Code, relating to source, shall not apply.