{"data":{"id":"us-ca/rtc-25131","jurisdiction":"us-ca","citation":"RTC § 25131","heading":"","body":"The average value of property shall be determined by averaging the values at the beginning and ending of the taxable year but the Franchise Tax Board may require the averaging of monthly values during the taxable year if reasonably required to reflect properly the average value of the taxpayer’s property.","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":"75bd820fe32550631c00215c4c2b47cf79fd67f07a43bb34c0dade76d087693b","source_id":"us-ca","stale":false,"prev":"us-ca/rtc-25130","next":"us-ca/rtc-25132"},"notice":"GroundRules: Original legal text. Not legal advice."}