Cal. Code Regs. tit. 18 § 15103

Current through Register 2024 Notice Reg. No. 25, June 21, 2024

Section 15103 - Property-in General

The Gift Tax Law reaches any real or personal property, and any right or interest therein or income therefrom, the transfer of which this State is not prohibited from taxing by either the California or Federal Constitution. In general, the property must either be situated in California or be within the State's taxing jurisdiction.

Cal. Code Regs. Tit. 18, § 15103

1. Repealer of Subchapter 2 (Sections 15103(a) through 16563-16564, not consecutive) and new Subchapter 2 (Sections 15103-16563, not consecutive) filed 9-22-78 as procedural and organizational; designated effective 12-1-78. For history of former Subchapter 2, see Registers 59, No. 20; 66, No. 8; 73, No. 15; 75, No. 17; 76, No. 5 and 76, No. 51.

Note: Authority cited: for Subchapter 2 (Sections 15103 through 16563, not consecutive): Section 16506, Revenue and Taxation Code. Reference: Section 15103, Revenue and Taxation Code.

1. Repealer of Subchapter 2 (Sections 15103(a) through 16563-16564, not consecutive) and new Subchapter 2 (Sections 15103-16563, not consecutive) filed 9-22-78 as procedural and organizational; designated effective 12-1-78. For history of former Subchapter 2, see Registers 59, No. 20; 66, No. 8; 73, No. 15; 75, No. 17; 76, No. 5 and 76, No. 51.