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Chapter 2. Gift Tax›Article 5. Valuation

§ 15551.2. Community Property Transferred to Spouse.

California Code of Regulations, Title 18 — Division 2.5. State Controller · 2026 edition · updated 2026-10-05 · California

Source: https://govt.westlaw.com/calregs/Document/IE9E3A6034C8311EC89E5000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)

The value of a gift of community property to one or the other of the spouses is ordinarily one-half of the total market value of the property at the date of the gift (see Section 15301).

Note: As to returning gifts of community property, see Sections 15656.3 and 15656.6.

Note: Reference: Section 15551, Revenue and Taxation Code.

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▸Contents — California Code of Regulations, Title 18 — Division 2.5. State Controller
California Code of Regulations, Title 18 — Division 2.5. State Controller

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