§ 25123
39 words·~1 min read·
/ca/revenue-and-taxation-code/25123·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Rents and royalties from real or tangible personal property, capital gains, interest, dividends, or patent or copyright royalties, to the extent that they constitute nonbusiness income, shall be allocated as provided in Sections 25124 through 25127 of this act.