GroundRules
RTC § 25130
Where this section sits in the code
- Revenue and Taxation Code - RTC
- DIVISION 2. OTHER TAXES [6001. - 61050.]
- PART 11. CORPORATION TAX LAW [23001. - 25141.]
- CHAPTER 17. Allocation of Income [25101. - 25141.]
- ARTICLE 2. Uniform Division of Income for Tax Purposes Act [25120. - 25141.]
Property owned by the taxpayer is valued at its original cost. Property rented by the taxpayer is valued at eight times the net annual rental rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual rental rate received by the taxpayer from subrentals.
Collected 2026-09-14T05:56:33Z. Source file · JSON