California Code of Regulations (Last Updated: August 6, 2014) |
Title 18. Public Revenues |
Division 2.5. State Controller |
Chapter 2. Gift Tax |
Article 3. Community, Quasi-Community, and Separate Property |
§ 15302. Transfer of Community Property to Third Person.
Latest version.
- If community property is transferred by gift to a person other than one of the spouses, the whole of such property is subject to the Gift Tax Law, each spouse being considered a donor of one-half.
Note
Note: Reference: Section 15302, Revenue and Taxation Code.