California Revenue and Taxation Code 5081 – As used in this article, “exempt property” means:(a) Property …
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As used in this article, “exempt property” means:
(a) Property acquired by the United States that becomes exempt from taxation under the laws of the United States.
Terms Used In California Revenue and Taxation Code 5081
- City: includes incorporated city, city and county, municipal corporation, municipality, town, and incorporated town. See California Revenue and Taxation Code 14
- County: includes city and county. See California Revenue and Taxation Code 15
(b) Property acquired by the state or by a county, city, school district, or other public entity, that becomes exempt from taxation under the laws of the state.
(Added by Stats. 1979, Ch. 31.)