§ 5722. — 5722. (Amended by Stats. 1972, Ch. 665.)

California § 5722.

• Jurisdiction: California
• Code RTC: Revenue and Taxation Code - RTC
• Div. 1.: DIVISION 1. PROPERTY TAXATION
• Part 12.: PART 12. TAXATION OF RACEHORSES
• Ch. 2.: CHAPTER 2. Imposition of Tax

Text

The annual tax is imposed on and shall be paid by the owner on the following basis:
Age 12
Age 13
STALLIONS
and younger
and older
Stud fee classification
$10,000 and up
$1,000
$650
7,500 and up
750
500
5,000 and up
500
330
3,000 and up
300
200
1,500 and up
150
100
1,000 and up
100
65
Less than 1,000
75
50
BROODMARES
Stakes-winning producing
broodmares
75
50
Stakes-producing
broodmares
75
50
Other producing
broodmares
40
28
Stakes-winning nonproducing
broodmares
35
25
Other nonproducing
broodmares
20
12
ACTIVE RACEHORSES
Racehorses which in the
previous calendar year
earned:
$100,000 or more
150
Between 50,000
and 99,999
100
Between 25,000
and 49,999
60
Less than 25,000
40
OTHER RACEHORSES
Stakes yearlings, stakes
two-year-olds, stakes
three-year-olds
35
Other yearlings, two-year-
olds, three-year-olds, and
nonactive racehorses
20

Legislative History

Amended by Stats. 1972, Ch. 665.