Section 23400 Of Chapter 2.5. Alternative Minimum Tax From California Revenue And Taxation Code >> Division 2. >> Part 11. >> Chapter 2.5.

. (a) Part VI of Subchapter A of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to alternative minimum tax, shall apply, except as otherwise provided.
  (b) A corporation electing under Chapter 4.5 (commencing with Section 23800) to be treated as an "S corporation" shall not be subject to the tax imposed by this chapter.