CHAPTER 2. Imposition of Tax [5721. - 5722.]

Cal. Revenue and Taxation Code - RTC 2.

in effect

Cal. Revenue and Taxation Code - RTC § 5721. Section 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.

Cal. Revenue and Taxation Code - RTC § 5722. Section 5722.

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 producing broodmares 75 50 Stakes-producing broodmares 75 50 Other producing broodmares 40 28 Stakes-winning nonproducing broodmares 35 25 Other nonproducing broodmares 20 12 ACTIVE RACEHORSES Racehorses which in the previous calendar year earned: $100,000 or more 150 Between 50,000 and 99,999 100 Between 25,000 and 49,999 60 Less than 25,000 40 OTHER RACEHORSES Stakes yearlings, stakes two-year-olds, stakes three-year-olds 35 Other yearlings, two-year- olds, three-year-olds, and nonactive racehorses 20

Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026