California Revenue And Taxation Code — Other Taxes — Assessments — Valuations — Exclusions from value

Current through the 2016 Legislative Session

The value of private railroad cars shall not include the car owner's tools, shop equipment, materials, supplies, or other like items of personal property customarily kept or maintained at fixed locations for use in repairing, improving, servicing, or operating the cars.

Ca. Rev. and Tax. Code § 11291

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