GroundRules
RTC § 5721
Where this section sits in the code
- Revenue and Taxation Code - RTC
- DIVISION 1. PROPERTY TAXATION [50. - 5911.]
- PART 12. TAXATION OF RACEHORSES [5701. - 5790.]
- CHAPTER 2. Imposition of Tax [5721. - 5722.]
For the 1973 calendar year and each calendar year thereafter, on the privilege of breeding, training, caring for or racing a racehorse in this state, there is hereby imposed an annual tax on owners of racehorses for such racehorses domiciled in this state, which shall be in lieu of any property tax on racehorses subject to taxation pursuant to this part.
Collected 2026-09-14T05:56:33Z. Source file · JSON