Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Revenue and Taxation Code

Property Taxation

Part 12. Taxation of Racehorses

Chapter 1. General Provisions and Definitions

Section 5720.5

5720.5. "Stud fee classification." "Stud fee classification" will be determined by the highest stud fee charged for the mating of a mare to a stallion during the previous calendar year.

History.—Stats. 1972, p. 1228, in effect August 10, 1972, substituted "previous calendar" for "prior tax" in the first sentence.