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  2. Real estate brokers seek special exemptions from LA’s ... - AOL

    www.aol.com/finance/real-estate-brokers-seek...

    One of them is a temporary suspension of LA's so-called mansion tax. Los Angeles real estate agents wrote a letter to city and state officials with ideas for helping to expedite the rebuilding ...

  3. Los Angeles County Assessor - Wikipedia

    en.wikipedia.org/wiki/Los_Angeles_County_Assessor

    The Los Angeles County Assessor is the assessor and officer of the government of Los Angeles County responsible for discovering all taxable property in Los Angeles County, except for state-assessed property, to inventory and list all the taxable property, to value the property, and to enroll the property on the local assessment roll. [2]

  4. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    Stephanie Nordlinger had purchased a property in the Los Angeles area in 1988 and, under the provisions of Proposition 13, was required to have the property reassessed at a new value. The reassessed value of Nordlinger's property raised her tax rates by 36%, while her neighbors continued to pay significantly lower rates on their property.

  5. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.

  6. The mansion tax was a ‘nightmare’ for luxury Los Angeles real ...

    www.aol.com/finance/mansion-tax-nightmare-luxury...

    The so-called mansion tax in L.A. applies to property sales of at least $5 million. ... In addition to Los Angeles, mansion taxes are in effect in New York, New Jersey, Connecticut, and Vermont. ...

  7. New mansion tax will 'chase people out of LA': Million Dollar ...

    www.aol.com/finance/mansion-tax-chase-people-la...

    Measure ULA will take effect on April 1st and slap a 4% tax on properties that are selling for from $5 million to $10 million and a 5.5% tax on those selling for over $10 million. The tax will sit ...

  8. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.

  9. L.A. County settles PACE loan lawsuits; affected ... - AOL

    www.aol.com/news/l-county-settles-pace-loan...

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