California Code of Regulations (Last Updated: August 6, 2014) |
Title 18. Public Revenues |
Division 2.5. State Controller |
Chapter 1. Inheritance Tax |
Article 6. Valuation |
§ 13951.2. Local Assessed Value.
Latest version.
- Unless it represents the actual market value of the property, the assessed value of real property for ad valorem taxation will not be accepted as the value thereof for inheritance tax purposes.
Note
Note: Reference: Section 13951, Revenue and Taxation Code.