{"data":{"id":"us-ca/rtc-23731","jurisdiction":"us-ca","citation":"RTC § 23731","heading":"","body":"Every organization or trust exempt under this chapter, except as provided in this article, is subject to the tax imposed upon its unrelated business taxable income, as defined in Section 23732, as follows:\n(a) Corporations (other than banks and financial corporations), associations, and business trusts are subject to the tax imposed under Section 23501.\n(b) Trusts are subject to the tax imposed by subdivision (e) of Section 17041.\nThis section applies to taxable years beginning after December 31, 1970.","path":["Revenue and Taxation Code - RTC","DIVISION 2. OTHER TAXES [6001. - 61050.]","PART 11. CORPORATION TAX LAW [23001. - 25141.]","CHAPTER 4. Exempt Corporations [23701. - 23778.]","ARTICLE 2. Taxation of Business Income of Certain Article 1 Organizations [23731. - 23741.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"afb22b6e523ffc17d9f0cdf03c735a11988462d96ff062d6528f50115e002c96","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-23712","next":"us-ca/rtc-23732"},"notice":"GroundRules: Original legal text. Not legal advice."}