§ 15551.3. Separate Property Transferred into Community.

Source: https://govt.westlaw.com/calregs/Document/IE9E665234C8311EC89E5000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)

The value of a gift to a spouse effected by the transfer or conversion of his or her spouse's separate property into their community is ordinarily one-half of the total market value of the separate property at the date of the gift.

Note: As to marital exclusion, see Section 15310. As to returning transfers or conversions of separate property into community property, see Section 15656.4.

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