{"data":{"id":"us-ca/rtc-25129","jurisdiction":"us-ca","citation":"RTC § 25129","heading":"","body":"The property factor is a fraction, the numerator of which is the average value of the taxpayer’s real and tangible personal property owned or rented and used in this state during the taxable year and the denominator of which is the average value of all the taxpayer’s real and tangible personal property owned or rented and used during the taxable year.","path":["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.]"],"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":"a39fa23b92f51dc3b71b96171b85d32a695981027f1c7e227976beff2f4e2780","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-25128.9","next":"us-ca/rtc-25130"},"notice":"GroundRules: Original legal text. Not legal advice."}