Section 25123

Rev. & Tax. Code § 25123, under Uniform Division of Income for Tax Purposes Act.

Rev. & Tax. Code § 25123

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.

(Added by Stats. 1966, Ch. 2.)