California Property Tax Planning Digest
An email bulletin of real property tax developments, insights, traps and strategies for the practitioner.
Click here for the archive of past issues of the Digest
Articles
- "2012 Changes to Property Tax Reporting Requirements for Real Property" by Dibby Allan Green, ACP, published in Santa Barbara Lawyer, December, 2011, Issue 471.
- "2012 Changes to Property Tax Reporting Requirements for Legal Entities" by Dibby Allan Green, ACP, published in Santa Barbara Lawyer, November, 2011, Issue 470.
- The Supreme Court Defines a "Transfer" for Property Tax Change in Ownership Purposes in Steinhart by Dibby Allan Green, ACP, published in California Trusts and Estates Quarterly, Vol. 16, Iss. 2. (Thanks to the Quarterly for allowing the article to be posted here.)
- Property Tax Reporting Requirements and the Consequences of Not Complying by Dibby Allan Green, ACP, published in California Trusts and Estates Quarterly, Vol. 15, Iss. 3. (Thanks to the Quarterly for allowing the article to be posted here.)
- Could the Property Tax Annual Inflation Adjustment Go Down in 2010? by Dibby Allan Green, ACP (September, 2009)
- December 2009 Update -- It happened! The "deflation" adjustment for 2010 is -0.237 percent. See BOE Letter to Assessors No. 2009/059.
- "Recent Developments in California Property Tax Law and Strategies for a Declining Economy,"
outline of presentation given by Dibby Allan Green, ACP (May, 2009)
- March 2009 Letter to Friends and Clients. In response to our January Letter to Friends and Clients we received several questions related to California property taxes and retirement plans in light of the economic downturn and state and federal legislation recently adopted.
The interest was so strong that we thought it worth sending a follow-up letter on these points. This March 2009 letter includes several suggestions for reducing property taxes, strategies where you might want to deliberately trigger a reassessment, and a checklist of property tax exemptions and exclusions.
It also reports the bad news that the two property tax assistance programs for seniors and disabled persons have been nixed in the recent state budget legislation.
(Our January 2009 letter which more generally dealt with the economic downturn and various trust, estate and tax issues may be viewed here.)
- "California Real Property Tax Issues with Estate Planning Transfers to Legal Entities and Making Gifts," by Dibby Allan Green, ACP, and John W. Ambrecht (1993) - Updated June, 2000.
- Part I
- Part II
"Determining When a "Change in Ownership" (Reassessment) Occurs," by Dibby Allan Green, ACP. A chart showing the consequences of various types of transfers and available exclusions - Updated July 2011.
Links
Law
California State Constitution, Article XIIIA -- Tax Limitiation (Proposition 13, as amended)
Text of Proposition 13
California Revenue & Taxation Code
Sections pertaining to Change in Ownership
Sections pertaining to Change in Ownership Reporting
Sections pertaining to Assessment Appeals
Sections pertaining to Information Assessor is Entitled to From the Taxpayer (Business Taxes)
State Board of Equalization
California State Board of Equalization
California Association of Counties, includes information on the different counties, including a list of all county web sites
These publications and links are for information purposes only and are not meant nor should be construed to be legal advice. Note, also, the date of the document. Laws are constantly changing, and are subject to differing interpretations. We, therefore, urge you to do additional research or to contact your own legal or tax counsel before acting on the information presented therein.
For comments about this web site, email green@taxlawsb.com
This page updated November, 2011.
This page: www.taxlawsb.com/resources/PptyTax.htm
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