Kansas Statutes Annotated Chapter 79 — Taxation
K.S.A. 79-3276
Same; capital gains and losses from sales of property
Official textksrevisor.govlast amended
# (a)
Capital gains and losses from sales of real property located in this state are allocable to this state.
# (b)
Capital gains and losses from sales of tangible personal property are allocable to this state if
# (1)
the property had a situs in this state at the time of the sale, or
# (2)
the taxpayer's commercial domicile is in this state and the taxpayer is not taxable in the state in which the property had a situs.
# (c)
Capital gains and losses from sales of intangible personal property are allocable to this state if the taxpayer's commercial domicile is in this state.
Amendment history
L. 1963, ch. 485, § 6; April 25.
Source: view the official text
In this article (40 sections)
- 79-3266 · Repealed
- 79-3267 · Repealed
- 79-3268 · Taxpayer bill of rights and privileges
- 79-3268a · Taxpayer bill of rights; department of revenue…
- 79-3268b · Same; duty of department to comply with taxpayer's…
- 79-3268c · Same; waiver of penalties
- 79-3268d · Same; closing letters
- 79-3268e · Same; department of revenue correspondence with taxpayer;…
- 79-3268f · Same; duty of department to comply with taxpayer's…
- 79-3268g · Same; waiver of penalties
- 79-3268h · Same; closing letters
- 79-3269 · Tax treatment of professional employer organizations;…
- 79-3270 · Reserved
- 79-3271 · Apportionment of net income; definitions
- 79-3271a · Repealed
- 79-3271b · Repealed
- 79-3272 · Same; allocation and apportionment
- 79-3273 · Same; taxpayer taxable in another state
- 79-3274 · Apportionment of net income; nonbusiness income allocation
- 79-3275 · Same; rents and royalties; extent of utilization of tangible…
- 79-3276 · Same; capital gains and losses from sales of property
- 79-3277 · Same; interest and dividends
- 79-3278 · Same; patent and copyright royalties
- 79-3279 · Apportionment of net income; apportionment of business…
- 79-3280 · Same; property factor defined
- 79-3281 · Same; property owned or rented, value; net annual rate
- 79-3282 · Same; average value of property
- 79-3283 · Same; payroll factor
- 79-3284 · Same; compensation for services; when payment in state
- 79-3285 · Same; sales factor
- 79-3286 · Same; sales of tangible personal property in state
- 79-3287 · Apportionment of net income; sales in state; income-producing…
- 79-3288 · Procedure where allocation does not fairly represent…
- 79-3288a · Procedure for transitional adjustment for change of…
- 79-3288b · Election of treatment of income; timing; duration
- 79-3289 · Same; construction of act
- 79-3290 · Repealed
- 79-3291 · Repealed
- 79-3292 · Same; act supplemental to income tax act
- 79-3293 · Same; application of K.S.A. 79-3271 through 79-3292