State of California Board of Equalization
State Government: Agencies/Departments/Divisions | State Boards & Commissions
Recent News About State of California Board of Equalization View More
-
CA Supreme Court: LA assessor right, State Board wrong on when corporate owned properties can be reassessed
The California Supreme Court says property transfers of corporate-owned property can trigger a reassessment under Prop 13, even if the property remains essentially under the same control throughout. "Stock" refers to real ownership interests, not who controls a company, the high court says