Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Property Tax Annotations
680.0000 PROPERTY STATEMENT
680.0035 Filing. Capital leases are analogous to conditional sales contracts and financing leases. Accordingly, lessees under capital leases are considered the owners and assessees of their respective leased properties. Such lessees are responsible for filing business property statements to report their leased properties, pursuant to Revenue and Taxation Code section 441. C 5/16/2002.