Section 25122.
Cal. Revenue and Taxation Code - RTC § 25122.
in effectFor purposes of allocation and apportionment of income under this act, a taxpayer is taxable in another state if (a)
in that state it is subject to a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing business, or a corporate stock tax, or (b)
that state has jurisdiction to subject the taxpayer to a net income tax regardless of whether, in fact, the state does or does not.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026