Cal. Rev. & Tax. Code § 25123 : CALIFORNIA REVENUE AND TAXATION CODE — OTHER TAXES — CORPORATION TAX LAW — ALLOCATION OF INCOME — UNIFORM DIVISION OF INCOME FOR TAX PURPOSES ACT — Rents and royalties from real or tangible personal property, capital gains, interest, dividends, or patent or copyright royalties

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.

Ca. Rev. and Tax. Code § 25123

Added by Stats. 1966, Ch. 2.