Home › California › CA RTC › … Division 1 — Property Taxation › Part 12 — Taxation of Racehorses › Chapter 1 — General Provisions and Definitions › Cal. Rev. & Tax. Code § 5717
California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 5717
“Active racehorse” means a racehorse which has participated in a horseracing contest on which parimutuel wagering was permitted during the previous calendar year.
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