Cal. RTC § 17755
This is the official text of Cal. RTC § 17755, part of California’s Revenue and Taxation Code — governs state and local taxation, including income and property tax.
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Official statutory text
For taxable years beginning on or after January 1, 2014, Section 664(c)(2) of the Internal Revenue Code, relating to excise tax, shall not apply and, in lieu thereof, the unrelated business taxable income, as defined in Section 23732, of every charitable remainder annuity trust or charitable remainder unitrust shall be subject to tax under Section 17651.
Status: in_force · Read it on the official government site
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