Section 24272.2.

Cal. Revenue and Taxation Code - RTC § 24272.2.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
The provisions of Section 72(u) of the Internal Revenue Code, relating to the treatment of annuity contracts not held by natural persons, shall be applicable.

References

referencesCal. Revenue and Taxation Code - RTC § 72.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements