Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017
 

Property Tax Annotations


A    B    C    D    E    F    G    H    I    L    M    N    O    P    R    S    T    U    V    W   

A

100.0000 AIRCRAFT

Annotation 100.0040

100.0040 Statement Filing. If an aircraft has an aggregate cost of over $100,000, Revenue and Taxation Code section 441(a) requires the owner to file a signed property statement with the assessor, regardless of whether the assessor makes a request for such a statement. In this situation, if the taxpayer fails to file a property statement, section 463 requires an assessor to add a 10 percent penalty to the assessed value. C 8/8/2013.