California Revenue and Taxation Code

§ 17677

RTC § 17677 Effective Jul 28, 1983Div. 2 · Part 10 · Ch. 7 · Art. 3

Statute text

Every trust company operating a common trust fund shall make a return under penalties of perjury for each taxable year, stating specifically with respect to such fund the items of gross income and the deductions allowed by this article and shall include in the return information sufficient to identify the trusts and estates entitled to share in the taxable income of the common trust fund and the amount of the proportionate share of each such participant.

Legislative history

Repealed and added by Stats. 1983, Ch. 488, Sec. 48. Effective July 28, 1983.