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.