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California Laws | Revenue and Taxation Code
DIVISION 1. PROPERTY TAXATION
PART 12. TAXATION OF RACEHORSES

5702. Except where the context otherwise requires, the definitions given in this chapter govern the construction of this part. (6321)

5703. "Racehorse" means each live horse, including a stallion, mare, gelding, ridgeling, colt, filly, or foal, that is or will be eligible to participate in or produce foals which will be eligible to participate in a horseracing contest in California wherein parimutuel racing is permitted under rules and regulations prescribed by the California Horse Racing Board. "Racehorse" does not mean or include any horse over three years old, or four years old in the case of an Arabian horse, that has not participated in a horserace contest on which parimutuel wagering is permitted or has not been used for breeding purposes in order to produce racehorses during the two previous calendar years. (6322)

5704. "Owner" means the owner of a racehorse or his agent. Any other person claiming, possessing or controlling a racehorse shall provide the name and address of the owner thereof or his agent upon the request of the assessor. (6323)

5705. "Annual tax" means a tax that is imposed on the owner for any racehorse domiciled in the State of California. (6324)

5706. "Current calendar year" means the yearly period from the first day of January to the last day of December, inclusive for which the tax is imposed. (6325)

5707. "Previous calendar year" means the calendar year immediately preceding the calendar year for which the annual tax is imposed. (6326)

5710. "Stallion" means any racehorse which, during the two previous calendar years, has serviced three or more different broodmares for the purpose of producing a racehorse. (6327)

5711. "Producing broodmare" means a racehorse mare which, during the previous calendar year, has produced a live foal. (6328)

5712. "Nonproducing broodmare" means a racehorse mare which has not produced a live foal during the previous calendar year. (6329)

5713. "Stakes-winning broodmare" means a broodmare which has won at any time during her life a race with a purse to which owners of participating horses have contributed nomination, entry, or starting fees or a recognized stakes race in which all entrants raced by invitation. (6330)

5714. "Stakes-producing broodmare" means a broodmare which has produced at any time during her life a racehorse which has won a race with a purse to which owners of participating horses have contributed nomination, entry, or starting fees or a recognized stakes race in which all entrants raced by invitation. (6331)

5715. "Stakes yearling", "stakes two-year-old", or "stakes three-year-old" means a racehorse of the designated age which was foaled by a stakes-winning or stakes-producing broodmare. (6332)

5716. "Yearling" means a racehorse which was foaled during the previous calendar year. (6333)

5716.5. "Foal" means a racehorse which is foaled during the current calendar year. (6334)

5717. "Active racehorse" means a racehorse which has participated in a horseracing contest on which parimutuel wagering was permitted during the previous calendar year. (6335)

5718. "Nonactive racehorse" means any racehorse which has not participated in any horseracing contest on which parimutuel wagering was permitted during the previous calendar year, except a racehorse three years of age or younger. (6336)

5719. "Live foal" means a foal which has lived for a period of three days or more. (6337)

5720. "Stud fee" is the sum of money charged by a stallion owner for the mating of his stallion to a broodmare. (6338)

5720.5. "Stud fee classification" will be determined by the highest stud fee charged for the mating of a mare to a stallion during the previous calendar year. (6339)

5720.6. "Domicile" means: (6340)

(a) The home ranch on January 1 of the current calendar year of the owner of a racehorse or other place where the horse is quartered when not racing or in training to race. (6341)

(b) The residence on January 1 of the current calendar year of the owner of any racehorse that is not quartered at a home ranch or other location when not racing or in training to race. (6342)

CHAPTER 2. IMPOSITION OF TAX (5721-5722) (6343)(Text)

5721. For the 1973 calendar year and each calendar year thereafter, on the privilege of breeding, training, caring for or racing a racehorse in this state, there is hereby imposed an annual tax on owners of racehorses for such racehorses domiciled in this state, which shall be in lieu of any property tax on racehorses subject to taxation pursuant to this part. (6344)

5722. The annual tax is imposed on and shall be paid by the owner on the following basis: (6345)

Age Age (6346)

12 13 (6347)

and and (6348)

younger older (6349)

STALLIONS (6350)

Stud fee classification (6351)

$10,000 and up................... $1,000 $650 (6352)

7,500 and up..................... 750 500 (6353)

5,000 and up..................... 500 330 (6354)

3,000 and up..................... 300 200 (6355)

1,500 and up..................... 150 100 (6356)

1,000 and up..................... 100 65 (6357)

Less than 1,000.................. 75 50 (6358)

BROODMARES (6359)

Stakes-winning producing......... (6360)

broodmares....................... 75 50 (6361)

Stakes-producing broodmares...... 75 50 (6362)

Other producing broodmares....... 40 28 (6363)

Stakes-winning nonproducing...... (6364)

broodmares....................... 35 25 (6365)

Other nonproducing............... (6366)

broodmares....................... 20 12 (6367)

ACTIVE RACEHORSES (6368)

Racehorses which in the previous (6369)

calendar (6370)

year earned: (6371)

$100,000 or more................. 150 (6372)

Between 50,000 and 99,999........ 100 (6373)

Between 25,000 and 49,999........ 60 (6374)

Less than 25,000................. 40 (6375)

OTHER RACEHORSES (6376)

Stakes yearlings, stakes two- (6377)

year-olds, 35 (6378)

stakes three-year-olds........... (6379)

Other yearlings, two-year-olds, (6380)

three-year-olds, andnonactive 20 (6381)

racehorses....................... (6382)

CHAPTER 3. EXEMPTIONS (5741) (6383)(Text)

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