All income received by the investor from the fund is exempt from taxation in this state, except gift, inheritance, and estate taxes.
Section 53192.5
Gov. Code § 53192.5 — under California Gov. Code.
Gov. Code § 53192.5
Gov. Code § 53192.5 — under California Gov. Code.
Gov. Code § 53192.5
All income received by the investor from the fund is exempt from taxation in this state, except gift, inheritance, and estate taxes.