California Code of Regulations
Title 18 - Public Revenues
Division 2.5 - State Controller
Chapter 2 - Gift Tax
Article 1 - Definitions
Section 15103 - Property-in General

Universal Citation: 18 CA Code of Regs 15103
Current through Register 2024 Notice Reg. No. 12, March 22, 2024

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.

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.

Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.