DIVISION 1. PROPERTY TAXATION 50-5911›PART 12. TAXATION OF RACEHORSES 5701-5790›CHAPTER 2. Imposition of Tax 5721-5722
§ 5722
California Revenue and Taxation Code · 2018-11 edition · updated 2026-10-04 · California
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 producingbroodmares | 75 | 50 |
| Stakes-producingbroodmares | 75 | 50 |
| Other producingbroodmares | 40 | 28 |
| Stakes-winning nonproducingbroodmares | 35 | 25 |
| Other nonproducingbroodmares | 20 | 12 |
| ACTIVE RACEHORSES | ||
| Racehorses which in theprevious calendar yearearned: | ||
| $100,000 or more | 150 | |
| Between 50,000and 99,999 | 100 | |
| Between 25,000and 49,999 | 60 | |
| Less than 25,000 | 40 | |
| OTHER RACEHORSES | ||
| Stakes yearlings, stakestwo-year-olds, stakesthree-year-olds | 35 | |
| Other yearlings, two-year-olds, three-year-olds, andnonactive racehorses | 20 |
(Amended by Stats. 1972, Ch. 665.)
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