Thursday, January 23, 2014

Holland v. Assessment Appeals Bd., S205876

Tax: real property: California: in 1978, California voters adopted Proposition 13, which added article XIII A to our state Constitution.  This amendment limited the rate at which real property in this state may be taxed and the extent to which the assessed value of real property may be increased.  As relevant here, real property may be taxed at no more than 1 percent of its “full cash value,” with “full cash value” defined to mean either the assessed value of that property in the 1975–1976 tax year or the property’s value at the time of a subsequent “change in ownership,” subject to an adjustment for inflation.  (Cal. Const., art. XIII A, §§ 1, subd. (a), 2, subds. (a) & (b).)  Thus, real property generally is taxed based on its value at the time of acquisition, not its current value.  The task of defining when there has been a change in ownership that triggers reassessment has been left largely to the Legislature.  (Pacific Southwest Realty Company v. County of Los Angeles (1991) 1 Cal.4th 155, 160–161.)  (Cal. S. Ct., 23.01.2014, S205876, Holland v. Assessment Appeals Bd.).

Imposition de la propriété foncière en Californie : la propriété foncière ne peut pas être taxée à plus de 1% de sa valeur pour l’année fiscale 1975-1976, ou à plus de 1% de sa valeur au moment d’un transfert de propriété, valeur ajustée à l’inflation. Ainsi, la propriété foncière est généralement imposée à sa valeur au moment de son acquisition. La tâche de définir à quel moment s’est produit un changement de propriétaire au sens fiscal ainsi que la tâche de déterminer quels transferts permettent un ajustement de valeur étant laissées au législateur.

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