Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Property Tax Rules

Title 18, Public Revenues California Code of Regulations

DIVISION 1. STATE BOARD OF EQUALIZATION

CHAPTER 1. STATE BOARD OF EQUALIZATION—PROPERTY TAX

Subchapter 2. Assessment (101–300)

Article 2. Classification of Property (121–130)

Rule 123

Rule 123. Tangible Personal Property.

Reference: Sections 106, 110, 401, 401.5, 601, Revenue and Taxation Code.

All property that may be seen, weighed, measured, felt, or touched, or which is in any other manner perceptible to the senses, except land and improvements, is tangible personal property.

History: Adopted December 12, 1967, effective January 18, 1968.