California Revenue and Taxation Code 224 – The personal effects, household furnishings, and pets of any person …
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The personal effects, household furnishings, and pets of any person shall be exempt from taxation.
The phrase “personal effects, household furnishings, and pets” does not include boats, aircraft, vehicles, or personalty held or used in connection with a trade, profession or business or pets so held or used.
Terms Used In California Revenue and Taxation Code 224
- Person: includes any person, firm, partnership, general partner of a partnership, limited liability company, registered limited liability partnership, foreign limited liability partnership, association, corporation, company, syndicate, estate, trust, business trust, or organization of any kind. See California Revenue and Taxation Code 19
For purposes of this section, “pets” mean and include any animals held for noncommercial purposes and not as an investment.
(Amended by Stats. 1974, Ch. 311.)