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§ 15302.50. Transfer of Quasi-Community Property to Third Person.

18 CA ADC § 15302.50Barclays 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 3. Community, Quasi-Community, and Separate Property
18 CCR § 15302.50
§ 15302.50. Transfer of Quasi-Community Property to Third Person.
Currentness
If quasi-community property is transferred to a third person, all of the property is subject to the Gift Tax Law and the spouse who owned the property is the donor, except that at the election of both spouses, each shall be the donor as to one-half.
Note: Reference: Section 15302.5, Revenue and Taxation Code.
This database is current through 6/14/24 Register 2024, No. 24.
Cal. Admin. Code tit. 18, § 15302.50, 18 CA ADC § 15302.50
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