Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2016
Property Tax Annotations
625.0000 PARENT-CHILD TRANSFER
625.0191 Step Transaction. Pursuant to specific legislative intent expressed in Chapter 48 of the Statutes of 1987, the step transaction or substance-over-form doctrine shall not be applied to prevent the application of the parent/child exclusion of Revenue and Taxation Code section 63.1 to any transfer that is otherwise eligible for that exclusion. C 7/10/1989; C 1/3/1991.