Cal. Code Regs. tit. 18 § 13303.11
Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Inasmuch as the inheritance tax is a tax upon the right or privilege of receiving or succeeding to property, and not upon the property itself, tax-exempt federal, state, or municipal bonds or other evidences of indebtedness are subject to the Inheritance Tax Law.
Cal. Code Regs. Tit. 18, § 13303.11
Note: Reference: Section 13303, Revenue and Taxation Code.