K.S.A. » Chapter 79
Kansas Statutes Annotated

K.S.A. § 79-3276 (2026)

Same; capital gains and losses from sales of property

✓ current as of May 2026
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79-3276. Same; capital gains and losses from sales of property. (a) Capital gains and losses from sales of real property located in this state are allocable to this state.

(b) Capital gains and losses from sales of tangible personal property are allocable to this state if

(1) the property had a situs in this state at the time of the sale, or

(2) the taxpayer's commercial domicile is in this state and the taxpayer is not taxable in the state in which the property had a situs.

(c) Capital gains and losses from sales of intangible personal property are allocable to this state if the taxpayer's commercial domicile is in this state.

History: L. 1963, ch. 485, § 6; April 25.

CASE ANNOTATIONS

1. Income from sale of oil and gas leases constituted nonbusiness income from intangible personal property; taxable at commercial domicile. Western Natural Gas Co. v. McDonald, 202 Kan. 98, 100, 101, 102, 446 P.2d 781.


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www.ksrevisor.gov 2026
Notes of Decisions
Cited in 1 case, 1994–1994 · leading case: In Re Tax Appeal of Chief Indus., Inc., 875 P.2d 278 (Kan. 1994).
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In Re Tax Appeal of Chief Indus., Inc., 875 P.2d 278 (Kan. 1994). · cites it 4× “The sale contemplated cessation rather than operation of the business.”
— K.S.A. § 79-3276(c) — 1 case
In Re Tax Appeal of Chief Indus., Inc., 875 P.2d 278 (Kan. 1994). “The sale contemplated cessation rather than operation of the business.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.