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§ 15103.1. Property of Resident Donors.

18 CA ADC § 15103.1Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 18. Public Revenues
Division 2.5. State Controller (Refs & Annos)
Chapter 2. Gift Tax (Refs & Annos)
Article 1. Definitions
18 CCR § 15103.1
§ 15103.1. Property of Resident Donors.
Currentness
(a) Real Property.
Real property in this State belonging to a resident donor is subject to the Gift Tax Law. Real property outside the State belonging to a resident donor is not subject to the law.
(b) Tangible Personal Property.
Tangible personal property in this State belonging to a resident donor is subject to the Gift Tax Law. Tangible personal property permanently outside the State belonging to a resident donor is not subject to the law.
(c) Intangible Personal Property.
Intangible personal property, wherever situated, belonging to a resident donor is subject to the Gift Tax Law.
Note: Reference: Section 15103, Revenue and Taxation Code.
This database is current through 6/14/24 Register 2024, No. 24.
Cal. Admin. Code tit. 18, § 15103.1, 18 CA ADC § 15103.1
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