Property Tax
California Proposition 13 vs Proposition 8 and property valuation
Here is the full size PDF file of the graphic below for your records. Prop 8 vs Prop 13 trended
Property Tax
Sales Comparison Approach language undergoes subtle change in California. Lien Date vs. Valuation Date
There has been a subtle change to the language used in Section 402.5 of the California R&T Code. The code has changed the word lien date to valuation date. Previously section 402.5 required sales used Read more…
Property Tax
Do you qualify for the California Manufacturing, Research & Development Tax Exemption?
Beginning on July 1, 2014, manufacturers and certain research and developers may qualify for a partial exemption of sales and use tax on certain manufacturing and research and development equipment purchases and leases. To be Read more…
Property Tax
California Property tax exclusion for construction or addition of active solar energy systems in extended
SB 871, extends a solar tax exemption for new active solar energy systems until 2025! An existing law set to expire in 2017, bars property tax increases based upon the construction or addition of a Read more…