California Revenue and Taxation Code 223 – Fruit trees, nut trees, and grapevines of a grower, which are …
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Fruit trees, nut trees, and grapevines of a grower, which are personal property, held on the lien date for subsequent planting in orchard or vineyard form and are planted during the assessment year by the grower shall be exempt from taxation. This section does not apply to plant nurseries.
(Amended by Stats. 1968, Ch. 236.)
Terms Used In California Revenue and Taxation Code 223
- Lien: A claim against real or personal property in satisfaction of a debt.
- Personal property: All property that is not real property.