California Code of Regulations
Title 18 - Public Revenues
Division 2.5 - State Controller
Chapter 1 - Inheritance Tax
Article 5 - Specific Exemptions
Section 13801.1 - Specific Exemption Applicable
Current through Register 2024 Notice Reg. No. 12, March 22, 2024
(a) Transfer by Will or Laws of Succession.
In the case of a transfer by will or pursuant to the laws of succession, the specific exemption in effect at the date of the transferor's death is the exemption applicable.
(b) Transfer Inter Vivos.
In the case of a transfer during the life of the transferor made on or after June 25, 1935 (the effective date of the Inheritance Tax Act of 1935), the exemption in effect at the date of the transferor's death is the exemption applicable.
In the case of a transfer during the life of the transferor made prior to June 25, 1935:
NOTE: Reference: Section 13801, Revenue and Taxation Code.