Cal. Code Regs. Tit. 18, §§ 17951-3

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

Section 17951-3 - *** Income from Real or Tangible Personal Property

Income of a nonresident from sources within this State includes rents from real or tangible personal property in this State, gains realized from the sale or transfer of such property (see Chapter 14, Sec. 18151 and following respecting capital gains) regardless of where the sale or transfer is consummated, and any other type of income derived from the ownership, control or management of real and tangible personal property located in this State irrespective of whether a trade, business or profession is carried on within this State.

1. Renumbering and amendment of Sections 17951-17954(c) to Section 17951-3 filed 1-15-82; effective thirtieth day thereafter (Register 82, No. 3).
^*** This regulation is substantially the same as Title 18, Cal. Adm. Code, Chapter 3, Subchapter 2, Section 17211-14(c).

Note: Authority cited: Section 19253, Revenue and Taxation Code. Reference: Sections 17041 and 17951, Revenue and Taxation Code.

1. Renumbering and amendment of Sections 17951-17954(c) to Section 17951-3 filed 1-15-82; effective thirtieth day thereafter (Register 82, No. 3).