Revenue and Taxation Code section 24272

For the purposes of the tax imposed under Chapter 2 (commencing with Section 23101), “gross income” includes all interest received from federal, state, municipal or other bonds.

Source: Section 24272, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=24272. (updated Jan. 1, 1984; accessed Jun. 23, 2025).

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Up to date

Verified:
Jun. 23, 2025

§ 24272's source at ca.gov

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Location: https://california.public.law/codes/revenue_and_taxation_code_section_24272

Original Source: Section 24272, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=RTC§ionNum=24272. (last accessed May 12, 2025).