Revenue and Taxation Code - RTC
DIVISION 2. OTHER TAXES [6001 - 61050]
( Heading of Division 2 amended by Stats. 1968, Ch. 279. ) PART 11. CORPORATION TAX LAW [23001 - 25141]
( Heading of Part 11 amended by Stats. 2001, Ch. 543, Sec. 21. ) CHAPTER 17. Allocation of Income [25101 - 25141]
( Chapter 17 added by Stats. 1955, Ch. 938. ) ARTICLE 2. Uniform Division of Income for Tax Purposes Act [25120 - 25141]
( Article 2 added by Stats. 1966, Ch. 2. ) 25122.
For purposes of allocation and apportionment of income under this act, a taxpayer is taxable in another state if (a) in that state it is subject to a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing business, or a corporate stock tax, or (b) that state has jurisdiction to subject the taxpayer to a net income tax regardless of whether, in fact, the state does or does not.
(Added by Stats. 1966, Ch. 2.)