Cal. Rev. & Tax. Code § 25123

Current through the 2023 Legislative Session.

Section 25123 - Rents and royalties from real or tangible personal property, capital gains, interest, dividends, or patent or copyright royalties

Rents and royalties from real or tangible personal property, capital gains, interest, dividends, or patent or copyright royalties, to the extent that they constitute nonbusiness income, shall be allocated as provided in Sections 25124 through 25127 of this act.

Ca. Rev. and Tax. Code § 25123

Added by Stats. 1966, Ch. 2.