Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 17133.5 — Items Specifically Excluded from Gross Income

Cal. Rev. & Tax. Code § 17133.5

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
1986-07-15
Current through
Nov 2, 2026 (California Legislative Counsel)

The following phrase (or its substantial equivalent) in other codes or statutes does not exempt the gain or loss from the sale or transfer of bonds from the provisions of this part:

Citator

Cal. Rev. & Tax. Code § 17133.5 — Items Specifically Excluded from Gross Income is in force in the current edition of the Code, and nothing recorded condemns it.

The following phrase (or its substantial equivalent) in other codes or statutes does not exempt the gain or loss from the sale or transfer of bonds from the provisions of this part:

“The issuance, transfer and interest income earned on any bonds issued by an agency (state or local) under this article (chapter, section, etc.) is exempt from taxation of every kind by any state or local entity.”