Cal. Rev. & Tax. Code § 23040

Current through the 2023 Legislative Session.

Section 23040 - Income derived from or attributable to sources within state

Income derived from or attributable to sources within this State includes income from tangible or intangible property located or having a situs in this State and income from any activities carried on in this State, regardless of whether carried on in intrastate, interstate or foreign commerce.

Ca. Rev. and Tax. Code § 23040

Added by Stats. 1949, Ch. 557.