Rev. & Tax. Code, § 25123 · Article 2. Uniform Division of Income for Tax Purposes Act

Rev. & Tax. Code, § 25123

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Rents and royalties from real or tangible personal property, capital gains, interest, dividends, or patent or copyright royalties, to the extent that they constitute nonbusiness income, shall be allocated as provided in Sections 25124 through 25127 of this act.

Notes and commentary — not statutory text

History

Added by Stats. 1966, Ch. 2.

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&sectionNum=25123.
Text hash: sha256 efaeed8507a169eb2da5d7f1563809f335f9cb7578d675d704589de7401aa13d
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

Cited by 1 provision

Provisions in this library whose text cites Rev. & Tax. Code, § 25123. Each shows the citation as that text prints it.

Revenue and Taxation Code

Rev. & Tax. Code, § 25120Printed as Sections 25123 to 25127, inclusive

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.