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(The Center Square) - The City of Los Angeles’s “mansion tax” on all property over $5.15 million has led to an over 70% decrease in affected sales, resulting in significant foregone property ...
In 2021, there were 2.6 million assessed properties for a total Los Angeles County property assessment value of US$1.8 trillion. [3] The current assessor is Jeffrey Prang. [4] [5] The most recent assessors have been John Noguez, Robert Quon, who served for the last year of Rick Auerbach's term, and Kenneth P. Hahn.
After the passage of Measure R in November 2008, the new sales tax rate in Los Angeles County rose to 8.75% (since 2013, 9-10%), second only to Alameda County in California (though there were a few cities whose sales tax rates exceeded the new rate). [2]
Some taxpayers must file an income tax return because they satisfy one of the several other conditions. [15] Tax returns may be filed electronically. Generally, an individual's tax return covers the calendar year. Corporations may elect a different tax year. Most states and localities follow the federal tax year and require separate returns.
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With Gov. Phil Murphy’s budget address coming Tuesday, Big Business and its lobbyists are lining up to broadcast how they deserve their $1 billion corporate tax cut, claiming that this will make ...
It is the home venue of the Los Angeles Clippers of the National Basketball Association (NBA). The Clippers previously played games at Crypto.com Arena, a venue the team shared with the Los Angeles Lakers of the NBA and the Los Angeles Kings of the National Hockey League (NHL), from the 1999–2000 season through 2023–24.