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§ 15442.7. Gift for Promotion of Political Purposes.

18 CA ADC § 15442.7Barclays 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 4.2. Charitable Exemption
18 CCR § 15442.7
§ 15442.7. Gift for Promotion of Political Purposes.
A gift for the promotion of political purposes may be charitable in nature if the ends sought are not opposed to good morals and can be attained by peaceable means, and not by war, riot, or revolution. However, the charitable exemption is not applicable if the gift is made to an organization a substantial part of the activities of which is carrying on propaganda or otherwise attempting to influence legislation.
Note: Reference: Section 15442, Revenue and Taxation Code.
This database is current through 6/14/24 Register 2024, No. 24.
Cal. Admin. Code tit. 18, § 15442.7, 18 CA ADC § 15442.7
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