Section 24355.4 Of Article 1. Deductions From California Revenue And Taxation Code >> Division 2. >> Part 11. >> Chapter 7. >> Article 1.
24355.4
. For purposes of computing the depreciation deduction under
Section 24349, a class life of four years shall be used for any
qualified rent-to-own property as defined in Section 168(i)(14) of
the Internal Revenue Code.