California Revenue and Taxation Code

§ 12231

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

RTC § 12231Div. 2 · Part 7 · Ch. 3 · Art. 3

Statute text

View on leginfo.ca.gov

In the case of an insurer transacting title insurance in this State, the basis of the tax is, in respect to each year, all income upon business done in this State, except:

(a)Interest and dividends.

(b)Rents from real property.

…

Legislative history

Added by Stats. 1961, Ch. 740.