Rev. & Tax. Code, § 23731 · Article 2. Taxation of Business Income of Certain Article 1 Organizations
Rev. & Tax. Code, § 23731
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
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:
(a) Corporations (other than banks and financial corporations), associations, and business trusts are subject to the tax imposed under Section 23501.
(b) Trusts are subject to the tax imposed by subdivision (e) of Section 17041.
This section applies to taxable years beginning after December 31, 1970.
Notes and commentary — not statutory text
History
Amended by Stats. 2000, Ch. 862, Sec. 96. Effective January 1, 2001.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=23731.
- Text hash
- sha256 afb22b6e523ffc17d9f0cdf03c735a11988462d96ff062d6528f50115e002c96
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 12 provisions
Provisions in this library whose text cites Rev. & Tax. Code, § 23731. Each shows the citation as that text prints it.
Revenue and Taxation Code
- Rev. & Tax. Code, § 18622.5Printed as Section 23731
- Rev. & Tax. Code, § 19023Printed as Section 23731
- Rev. & Tax. Code, § 19145Printed as Section 23731
- Rev. & Tax. Code, § 19147Printed as Section 23731
- Rev. & Tax. Code, § 19151Printed as Section 23731
- Rev. & Tax. Code, § 23036Printed as Section 23731
- Rev. & Tax. Code, § 23156Printed as Section 23501 or 23731
- Rev. & Tax. Code, § 23310Printed as Section 17942, 23501, or 23731
- Rev. & Tax. Code, § 23701yPrinted as Section 23731
- Rev. & Tax. Code, § 23709Printed as Section 23731
- Rev. & Tax. Code, § 23771Printed as Section 23731
- Rev. & Tax. Code, § 24872.4Printed as Section 23731
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