Cal. Rev. & Tax. Code § 5081

Current through the 2023 Legislative Session.

Section 5081 - "Exempt property" defined

As used in this article, "exempt property" means:

(a) Property acquired by the United States that becomes exempt from taxation under the laws of the United States.

(b) Property acquired by the state or by a county, city, school district, or other public entity, that becomes exempt from taxation under the laws of the state.

Ca. Rev. and Tax. Code § 5081

Added by Stats. 1979, Ch. 31.