Cal. Code Regs. tit. 18 § 15302.50

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 15302.50 - Transfer of Quasi-Community Property to Third Person

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.

Cal. Code Regs. Tit. 18, § 15302.50