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§ 15402. Exclusions from Exemption.

18 CA ADC § 15402Barclays 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 4. Annual Exemptions
18 CCR § 15402
§ 15402. Exclusions from Exemption.
Currentness
In addition to the exclusions from the annual exemption provided in Revenue and Taxation Code Section 15402, the following gifts are not within this exemption:
(a) A gift made on or after March 6, 1940, and prior to July 16, 1941, by a donor who is an alien nonresident of the United States.
(b) A gift made in trust after 10 p.m. of June 21, 1939, and prior to March 6, 1940.
Note: As to the definition of the term “future interest,” see Section 15103.9.
Note: Reference: Section 15402, Revenue and Taxation Code.
This database is current through 6/14/24 Register 2024, No. 24.
Cal. Admin. Code tit. 18, § 15402, 18 CA ADC § 15402
End of Document