California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 5722
The annual tax is imposed on and shall be paid by the owner on the following basis:
Age 12 | Age 13 | |
STALLIONS | and younger | and older |
Stud fee classification | ||
$10,000 and up | $1,000 | $650 |
7,500 and up | 750 | 500 |
5,000 and up | 500 | 330 |
3,000 and up | 300 | 200 |
1,500 and up | 150 | 100 |
1,000 and up | 100 | 65 |
Less than 1,000 | 75 | 50 |
BROODMARES | ||
Stakes-winning producing broodmares | 75 | 50 |
Stakes-producing broodmares | 75 | 50 |
Other producing broodmares | 40 | 28 |
Stakes-winning nonproducing broodmares | 35 | 25 |
Other nonproducing broodmares | 20 | 12 |
ACTIVE RACEHORSES | ||
Racehorses which in the previous calendar year earned: | ||
$100,000 or more | 150 | |
Between 50,000 and 99,999 | 100 | |
Between 25,000 and 49,999 | 60 | |
Less than 25,000 | 40 | |
OTHER RACEHORSES | ||
Stakes yearlings, stakes two-year-olds, stakes three-year-olds | 35 | |
Other yearlings, two-year- olds, three-year-olds, and nonactive racehorses | 20 |
Source: view the official text