Mr Craig Becker

Craig Becker

Updates

Real Estate

Ballot initiative seeks to eliminate Proposal 13 for commercial and industrial real estate
USA | 09 March 2018

A new initiative seeks to put two significant changes to California's property tax system before voters in November 2018: the elimination of Proposition 13 protection for commercial and industrial properties in favour of reassessment at least every three years and the addition of a tangible personal property tax exemption for all taxpayers and a full tangible personal property tax exemption for taxpayers with less than 50 California employees.