California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 6.5 - Rules and Regulations Relating to California Estate Tax
Article 1 - Imposition of Tax
Section 1138.18

Universal Citation: 2 CA Code of Regs 1138.18
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

If a decedent, having property with a situs in California, leaves property having a situs in a state other than California, the maximum state death tax credit shall be multiplied by the percentage which the gross value of property having a situs in California bears to the gross value of the entire estate subject to federal estate tax. The product of the calculation shall be the portion of the maximum state death tax credit which is attributable to property having a situs in California. The property having a situs in the other state, whether or not or to what extent the property is taxed in that state, will be ignored for purposes of the California tax.

1. New section filed 4-29-96; operative 5-29-96 (Register 96, No. 18)

Note: Authority cited: Section 14103, Revenue and Taxation Code. Reference: Section 13304, 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.