reglab/statecodes huggingface dataset:
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 1 - Valuation Principles and Procedures › Section 31 - Petroleum Products Value Schedule. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New section
				  filed 12-14-67; effective thirtieth day thereafter (Register 67, No.
				  50).
2. Amendment of NOTE filed 10-26-77; effective thirtieth day
				  thereafter (Register 77, No. 44).
3. Repealer filed 9-22-80;
				  effective thirtieth day thereafter (Register 80, No.
				  39).
Note: Authority cited: Sec.
					 15606, Gov. Code. Reference:
					 Articles 1 and 1.5, Chapter 1, Part 3, Division 1 and Sections
					 110,
					 401
					 and
					 401.5,
					 Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 1 - Valuation Principles and Procedures › Section 41 - Market Value of Timberland

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				The Timber Appraisal Unit. In determining the timber to be valued as a unit,
				there shall be combined those parcels having:
(1) The same legal ownership. Timber sale
				contracts shall not be included in the unit.
(2) Commercial timber production as a
				dominant use.
(3) Geographical and
				physical conditions which permit similar treatment and economic removal of the
				timber to a common processing center. The typical practices of timberland
				owners and timber purchasers shall be used as a guide to indicate the
				geographical areas which are suitable for inclusion in the unit. Parcels shall
				not be excluded from the unit because they are outside the county, or because
				they are eligible for assessment under section
				423.5
				of the Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 1 - Valuation Principles and Procedures › Section 45 - Separate Determination of Value for Owner-Occupied Residential Dwellings. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New section
				  filed 4-21-78 as an emergency; effective upon filing (Register 78, No.
				  16).
2. Correction of adoption date filed 5-12-78 (Register 78, No.
				  16).
3. Certificate of Noncompliance (Repealer by operation of
				  Section 11422.1, Gov. C.) filed 7-19-78
				  (Register 78, No. 29).
Note: Authority cited: Section
					 15606,
					 Government Code. Reference: Section
					 401.6,
					 Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 1 - Valuation Principles and Procedures › Section 51 - Agreements Qualifying Land for Assessment as Open-Space Lands

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
An agreement made pursuant to the Land Conservation Act of
				  1965 prior to November 10, 1969, qualifies for restricted-use assessment
				  pursuant to sections
				  423
				  and
				  426
				  of the Revenue and Taxation Code if, taken as a whole, it provides
				  restrictions, terms, and conditions which are substantially similar to or more
				  restrictive than those which were required by such act for a contract at the
				  time the agreement became effective or which have subsequently been made less
				  restrictive by the Legislature.
(a)
				Mandatory Provisions. The agreement must contain provisions at least as
				restrictive as the following:
(1) An initial
				term of years sufficient to make the agreement effective for ten successive
				lien dates and an annual renewal date at which time another year is
				automatically added to the term unless a notice of nonrenewal is given prior to
				such date.
(2) An exclusion of uses
				for the duration of the agreement other than agricultural uses and compatible
				uses as defined by the Land Conservation Act, the agreement, or the resolution
				establishing the agricultural preserve in which the property is
				located.
(3) A provision making the
				agreement binding upon and inuring to the benefit of all successors in interest
				of the owner.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 1 - Valuation Principles and Procedures › Section 53 - Open-Space Value of Timberland

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				The Timber Appraisal Unit. The timber appraisal unit shall be as defined in
				Property Tax Rule No. 41, except that it shall include only properties eligible
				for assessment under section
				423.5
				of the Revenue and Taxation Code.
(b) Taxable Value. Land and standing timber
				used for the production of timber for commercial purposes, whether planted or
				of natural growth, when eligible for assessment under section
				423.5
				of the Revenue and Taxation Code, shall be valued by determining the present
				worth of the net income which the future harvest of timber crops can reasonably
				be expected to yield and the present worth of the net income attributable to
				other allowed compatible uses of the land. The value of timber which is exempt
				under Article XIII, section
				3(j) of the State
				Constitution shall be excluded when determining taxable value of the property,
				but the value of land supporting exempt timber shall be included and determined
				in accordance with section (f).
(c)
				Net Income. The amount of income to be capitalized is the net income which an
				informed owner or an informed buyer of the timber appraisal unit may anticipate
				on the lien date that the property assessable under section
				423.5
				of the Revenue and Taxation Code will yield in the future from the harvest of
				timber crops and the net income from other allowed compatible uses of the
				property. Net income shall be estimated as follows:
(1) When computing the expected annual or
				periodic net income from the harvest of timber crops, the appraiser shall
				determine the difference between revenue and expenditures. Revenue shall be
				estimated by multiplying the expected annual or periodic volume of timber to be
				harvested in the future by the immediate harvest value per unit of volume for
				similar timber. Revenue shall include all income from all forest products.
				Expenditures shall include the estimated outlays of money which are ordinary
				and necessary for the production and maintenance of revenue as defined in
				section
				423
				of the Revenue and Taxation Code.
(2) When computing the net income
				attributable to compatible uses, the appraiser shall determine the difference
				between revenues and expenditures for each type of compatible use. Revenue
				shall be estimated on the basis of rents, fees, or charges for the use as
				provided by recently consummated leases, contracts, or verbal agreements on the
				subject property or comparable properties. Expenditures shall include any
				outlays which are ordinary and necessary for the production of revenue from the
				compatible use.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 1 - Valuation Principles and Procedures › Section 60 - Historical Property Contracts. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New section
				  filed 11-23-73; effective thirtieth day thereafter (Register 73, No.
				  47).
2. Amendment of subsection (a) filed 12-26-75; effective
				  thirtieth day thereafter (Register 75, No. 52).
3. Repealer filed
				  2-3-78; effective thirtieth day thereafter (Register 78, No.
				  5).
Note: Authority cited: Section
					 15606,
					 Gov. Code. Reference: Sections
					 402.1,
					 402.5 and
					 1161 of Div. 1, Revenue and
					 Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 1 - Prescription of Forms › Section 101 - Board-Prescribed Exemption Forms

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Content and Arrangement of
				  Board-Prescribed Exemption Forms. A county assessor shall use board-prescribed
				  exemption forms in the administration of the specific exemptions to which the
				  forms relate. An assessor shall not change headings, shall not reduce the font
				  size of text, and shall not change questions in, add questions to, or delete
				  questions from the exemption forms prescribed by the board. An assessor may add
				  county-specific identifying information, such as the assessor's name and logo,
				  the county's name and logo, and the assessor's contact information, to a
				  board-prescribed exemption form. An assessor may designate an area on a
				  board-prescribed exemption form as for assessor's use only and may delete,
				  edit, or move an area on a board-prescribed exemption form that is designated
				  for assessor's use only. Subject to board approval, an assessor may also:
(1) Alter the size of a board-prescribed
				  exemption form to meet the needs of office procedures and facilities;
(2) Bold specific text or enlarge font sizes
				  on a board-prescribed exemption form; and
(3) Change the orientation of a
				  board-prescribed exemption form, for example, from portrait layout to landscape
				  layout.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 2 - Classification of Property › Section 121 - Land

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Land consists of the possession of, claim to, ownership of,
					 or right to possession of land; mines, quarries, and unextracted mineral
					 products; unsevered vegetation of natural growth; standing timber, whether
					 planted or of natural growth; and other perennial vegetation that is not an
					 improvement (see section
					 122). Where there is a reshaping
					 of land or an adding to land itself, that portion of the property relating to
					 the reshaping or adding to the land is land. However, where a substantial
					 amount of other materials, such as concrete, is added to an excavation, both
					 the excavation and the added materials are improvements, except that whenever
					 the addition of other materials is solely for the drainage of land to render it
					 arable or for the drainage or reinforcement of land to render it amenable to
					 being built upon, the land, together with the added materials, remains land. In
					 the case of property owned by a county, municipal corporation, or a public
					 district, however, fill that is added to taxable land is an
					 improvement.
1. New
					 sections (121 through 124) filed 12-19-67; effective thirtieth day thereafter
					 (Register 67, No. 51).
2. Amendment of NOTE filed 10-26-77;
					 effective thirtieth day thereafter (Register 77, No.
					 44).
Note: Authority cited: Section
						15606,
						Gov. Code. Reference: Sections
						110
						and
						401,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 2 - Classification of Property › Section 122 - Improvements

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Improvements consist of buildings, structures, fixtures,
					 and fences erected on or affixed to land; planted fruit and nut trees and vines
					 that are taxable, other than date palms between four and eight years of age;
					 and planted ornamental trees and vines. Where a substantial amount of materials
					 other than land, such as concrete, is added to an excavation, both the
					 excavation and the added materials are improvements, except that whenever the
					 addition of other materials is solely for the drainage of land to render it
					 arable or for the drainage or reinforcement of land to render it amenable to
					 being built upon, the land, together with the added materials, remains land. In
					 the case of property owned by a county, municipal corporation or a public
					 district, fill that is added to taxable land is an
					 improvement.
1. New NOTE
					 filed 10-26-77; effective thirtieth day thereafter (Register 77, No.
					 44).
Note: Authority cited: Section
						15606,
						Government Code. Reference: Sections
						105,
						110,
						401
						and
						401.5,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 2 - Classification of Property › Section 122.5 - Fixtures

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Definition.
(1) A fixture is an item of tangible
				  property, the nature of which was originally personalty, but which is
				  classified as realty for property tax purposes because it is physically or
				  constructively annexed to realty with the intent that it remain annexed
				  indefinitely.
(2) The manner of
				  annexation, the adaptability of the item to the purpose for which the realty is
				  used, and the intent with which the annexation is made are important elements
				  in deciding whether an item has become a fixture or remains personal property.
				  Proper classification, as a fixture or as personal property, results from a
				  determination made by applying the criteria of this rule to the facts in each
				  case.
(3) The phrase "annexed
				  indefinitely" means the item is intended to remain annexed until worn out,
				  until superseded by a more suitable replacement, or until the purpose to which
				  the realty is devoted has been accomplished or materially
				  altered.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 2 - Classification of Property › Section 123 - Tangible Personal Property

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
All property that may be seen, weighed, measured, felt, or
					 touched, or which is in any other manner perceptible to the senses, except land
					 and improvements, is tangible personal property.
1. New NOTE
					 filed 10-26-77; effective thirtieth day thereafter (Register 77, No.
					 44).
2. Editorial correction of NOTE filed 7-30-82 (Register 82, No.
					 31).
Note: Authority cited: Section
						15606,
						Government Code. Reference: Sections
						106,
						110,
						401,
						401.5
						and
						601,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 2 - Classification of Property › Section 126 - Grazing Rights as Possessory Interests

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. Repealer
					 filed 7-3-69; effective thirtieth day thereafter (Register 69, No. 27). For
					 prior history, see Register 67, No. 51.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 132 - Cemetery Exemption

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				  Scope of Exemption. Upon timely application on the prescribed form, the
				  cemetery exemption is available on property used or held exclusively for the
				  burial or other permanent deposit of the human dead and property used or held
				  exclusively for the care, maintenance or upkeep of such property or such dead,
				  except any such property that is used or held for profit.
(b) Meaning of "Property Used or Held
				  Exclusively for Burial." In this regulation "property used or held exclusively
				  for burial" means
(1) property in actual use
				  or prepared, made available, sold or offered for sale or use for burial or
				  other permanent deposit of the human dead;
(2) property whose use is incidental to such
				  burial purposes, as described in paragraph (c); and (3) passively held property
				  that qualifies for exemption under paragraph (d).
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 133 - Business Inventory Exemption

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				  Scope of Exemption.
(1) "Business
				  inventories" that are eligible for exemption from taxation under Section
				  129
				  of the Revenue and Taxation Code include all tangible personal property,
				  whether raw materials, work in process or finished goods, which will become a
				  part of or are themselves items of personalty held for sale or lease in the
				  ordinary course of business.
(A) The phrase
				  "ordinary course of business" does not constitute a limitation on the type of
				  property which may be held for sale or lease, but it does require that the
				  property be intended for sale or lease in accordance with the regular and usual
				  practice and method of the business of the vendor or lessor.
(B) The phrase "goods intended for sale or
				  lease" means property acquired, manufactured, produced, processed, raised or
				  grown which is already the subject of a contract of sale or which is held and
				  openly offered for sale or lease or will be so held and offered for sale or
				  lease at the time it becomes a marketable product. Property which is ready for
				  sale or lease must be displayed, advertised or otherwise brought to the
				  attention of the potential purchasers or lessees by means normally employed by
				  vendors or lessors of the product.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 134 - Household Furnishings, Personal Effects, and Pets Exemption

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Household furnishings, personal effects, and pets, as
					 defined in section
					 224
					 of the Revenue and Taxation Code, owned by any individual but not held or used
					 in connection with a trade, profession, or business or for the production of
					 income are exempt from ad valorem taxation. Household furnishings are personal
					 property and include such items as furniture, appliances, rugs, cooking
					 utensils, and art objects. Not included within the definition of household
					 furnishings are items classified as improvements, such as wall-to-wall
					 carpeting, built-in ovens, ranges, and dishwashers.
Personal effects is a category of personal property which
					 includes such items as money kept for household use, clothing, jewelry, tools,
					 hobby equipment and collections, and other recreational equipment. By statute,
					 it does not include boats, aircraft and vehicles.
The term "pets" includes any animals (e.g., fish, birds,
					 insects, cats, dogs, horses) held for noncommercial purposes and not as an
					 investment. A show animal that is awarded ribbons or cups would not be
					 considered as held in connection with a trade, profession, or business.
					 However, when the animal's proficiency gains monetary or other awards of
					 substantial value, or when the animal is used in the production of offspring
					 that are sold or exchanged for items of substantial value, it is no longer
					 considered a pet entitled to the exemption.
Storage in a warehouse or other place of safekeeping in and
					 of itself does not alter the status of such property. No claim for exemption
					 need be filed by an eligible owner, and no entries need be shown on the
					 assessment roll.
1. Amendment
					 filed 3-3-72; effective thirtieth day thereafter (Register 72, No. 10). For
					 prior history, see Register 69, No. 50.
2. New NOTE filed 10-26-77;
					 effective thirtieth day thereafter (Register 77, No. 44).
3.
					 Editorial correction of NOTE filed 2-2-83 (Register 83, No.
					 6).
Note: Authority cited: Section
						15606,
						Government Code. Reference: Section
						224,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 136 - Limited Liability Companies as Qualifying Organizations for the Welfare Exemption

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) A limited
				  liability company may be a qualifying entity for welfare exemption purposes, if
				  it is wholly owned by a qualifying organization or organizations and if it
				  meets specific organizational and operating requirements.
(b)
(1)
				  Qualifying Organization. A qualifying organization is an organization that is
				  exempt under section
				  501(c)(3) of the
				  Internal Revenue Code or under section
				  23701d
				  of the Revenue and Taxation Code and that qualifies for exemption under section
				  214
				  of the Revenue and Taxation Code. A limited liability company is a qualifying
				  organization if all of its owner organization(s) (referred to as members) are
				  exempt under section
				  501(c)(3) of the
				  Internal Revenue Code or under section
				  23701d
				  of the Revenue and Taxation Code and qualify for exemption under section
				  214
				  of the Revenue and Taxation Code. Each member shall have a valid, unrevoked
				  letter from the Internal Revenue Service or the Franchise Tax Board, stating
				  that it qualifies as an exempt organization under section
				  501(c)(3) of the
				  Internal Revenue Code or under section
				  23701d
				  of the Revenue and Taxation Code.
(2) Qualifying Organization. A qualifying
				  organization is also a government entity that is exempt from property taxation
				  under section
				  3 of Article XIII of the
				  California Constitution, as to property owned by the state under subdivision
				  (a), or as to property owned by a local government under subdivision (b), or as
				  to property used exclusively for public schools, community colleges, state
				  colleges and state universities under subdivision (d). A limited liability
				  company is a qualifying organization if one or more of its members is a
				  government entity, as specified, and all other members are exempt under section
				  501(c)(3) of the
				  Internal Revenue Code or under section
				  23701d
				  of the Revenue and Taxation Code and qualify for exemption under section
				  214
				  of the Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 138 - Exemption for Aircraft Being Repaired, Overhauled, Modified or Serviced

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Scope of
				  Exemption. Any aircraft, certificated or noncertificated, which is in
				  California on the lien date solely for the purpose of being repaired,
				  overhauled, modified, or serviced is exempt from personal property taxation.
				  Aircraft operated intrastate in or interstate into California and aircraft
				  normally based in California do not qualify for exemption.
(b) Qualifying Certificated Aircraft.
				  Aircraft that qualify for exemption include certificated aircraft that have
				  been taken out of revenue service by an air carrier:
(1) for the purpose of being repaired,
				  overhauled, modified, or serviced; and,
(2) with an executed contract or a specific
				  written plan for the purposes described in subsection (b)(1).
Aircraft in California solely for the purposes described in
					 subsection (b)(1) include any incidental and attendant
					 storage.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 139 - Restricted Access as Damage Eligible for Reassessment Relief Pursuant to Revenue and Taxation Code Section 170. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 5-16-2002; operative 6-15-2002 (Register 2002, No.
					 20).
2. Change without regulatory effect repealing section filed
					 7-11-2006 pursuant to section
					 100, title 1, California Code of
					 Regulations (Register 2006, No. 28).
Note: Authority cited: Section
						15606(c),
						Government Code. Reference: Section
						170,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 140.2 - Requirements for Supplemental Clearance Certificate for Limited Partnership for Welfare Exemption for Low-Income Housing Properties

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) A limited partnership in which the
				  managing general partner is an eligible nonprofit corporation or eligible
				  limited liability company, meeting the requirements of Regulation 140.1, that
				  owns low-income housing property for which it will claim the welfare exemption
				  shall file with the State Board of Equalization an application for a
				  Supplemental Clearance Certificate for each low-income housing
				  property.
(b) A Supplemental
				  Clearance Certificate may be granted only if the managing general partner has
				  already been granted an Organizational Clearance Certificate by the State Board
				  of Equalization, as required under Revenue and Taxation Code section
				  254.6.
(c) In order to qualify for a Supplemental
				  Clearance Certificate, the general partners of the limited partnership,
				  including the managing general partner, must certify under penalty of perjury
				  under the laws of the State of California, that:
(1) The acquisition, construction,
				  rehabilitation, development, or operation of the property, or any combination
				  of these factors, is financed with low-income housing tax credits or government
				  financing, as defined in Regulation 140;
(2) There is an enforceable and verifiable
				  regulatory agreement or recorded deed restriction, as defined in Regulation
				  140, that restricts all or a portion of the property's usage for rental to
				  lower income households and the units designated for use by lower income
				  households are continuously available to or occupied by lower income households
				  at rents that do not exceed those prescribed by the terms of a regulatory
				  agreement or recorded deed restriction, as defined in Regulation 140 or to the
				  extent that none are provided in the regulatory agreement or recorded deed
				  restriction, at rents that do not exceed those prescribed by section
				  50053
				  of the Health and Safety Code;
(3)
				  Funds that would have been necessary to pay property taxes are used to maintain
				  the affordability of, or reduce rents otherwise necessary for, the units to be
				  occupied by lower income households;
(4) The managing general partner meets the
				  requirements of Regulation 140.1; and
(5) All of the information provided as part
				  of the application for the Supplemental Clearance Certificate, including any
				  accompanying statements or documents, is true, correct, and complete to the
				  best of the knowledge and belief of the person(s) signing the
				  application.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 143 - Requirements for Irrevocable Dedication Clause and Dissolution Clause for Organizational Clearance Certificate for Welfare Exemption

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Definitions. For the purposes of this
				  regulation:
(1) "Dissolution clause" means a
				  statement in the organizational documents of a qualifying organization that
				  upon the liquidation, dissolution, or abandonment of the qualifying
				  organization, the exempt property will not inure to the benefit of any private
				  person except another qualifying organization.
(2) "Irrevocable dedication clause" means a
				  statement in the organizational documents of a qualifying organization that the
				  property is irrevocably dedicated exclusively to one or more qualifying
				  purposes.
(3) "Organizational
				  document" means the articles of incorporation of a corporation, or the articles
				  of organization of a limited liability company, or the bylaws, articles of
				  association, constitution or regulations of a community chest, fund, or
				  foundation, or corporation chartered by an act of Congress.
(4) "Qualifying organization" means a
				  community chest, fund, foundation, nonprofit corporation, or eligible limited
				  liability company, organized and operated exclusively for religious, hospital,
				  scientific, or charitable purposes. Charitable purposes include educational
				  purposes as defined in Revenue and Taxation Code section
				  214,
				  subdivision (j).
(5) "Qualifying
				  purpose" means a religious, hospital, scientific or charitable purpose.
				  Charitable purposes include educational purposes as defined in Revenue and
				  Taxation Code section
				  214,
				  subdivision (j).
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3 - Exemptions and Immunities › Section 149 - Veterans' Exemptions

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The sum of 25 percent of the taxable value of taxable
					 assets and 100 percent of the current full cash value as defined in Revenue and
					 Taxation Code Section
					 110
					 for non-taxable assets will determine the limitation for the veterans' property
					 tax exemption.
1. Change
					 without regulatory effect renumbering former section
					 464 to new section
					 149 filed 1-29-2020 pursuant to
					 section 100, title 1, California Code of
					 Regulations (Register 2020, No. 5).
Note: Authority cited: Section
						15606(c),
						Government Code. Reference: Sections
						110,
						110.1
						and
						205.1,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3.5 - Special Classifications › Section 151 - Vessels Subject to the Four Percent Assessment

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) A vessel which meets the requirements of
				  section
				  130
				  of the Revenue and Taxation Code shall be assessed at four percent of full cash
				  value under the provisions of section
				  227 of said code if it is engaged
				  or employed exclusively in one or more of the following activities:
(1) The taking and possession of fish or
				  other living resource of the sea for commercial purposes.
(2) Instruction or research studies as an
				  oceanographic research vessel.
(3)
				  Carrying or transporting seven or more people for hire for commercial passenger
				  fishing purposes and holds a current certificate of inspection issued by the
				  United States Coast Guard. A vessel shall not be deemed to be engaged or
				  employed in activities other than the carrying or transporting of seven or more
				  persons for hire for commercial passenger fishing purposes by reason of that
				  vessel being used occasionally for dive, tour, or whale watching purposes. For
				  purposes of this subdivision, "occasionally" means 15 percent or less of the
				  total operating time logged for the immediately preceding assessment
				  year.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 3.5 - Special Classifications › Section 153 - Liquefied Petroleum Gas Tanks

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Definition. For purposes of this
				  regulation, the term "liquefied petroleum gas tank" (LPG tank) means and
				  includes a tank used as a means of storage, delivery, or transfer of liquefied
				  petroleum gas products. The term also includes related equipment, apparatus,
				  gauges and meters, attached to or installed on the tank.
(b) An LPG tank shall be considered leased or
				  rented if the purchaser of the liquefied petroleum gas is required to pay:
(1) sales or use tax measured by the purchase
				  price or a separately stated lease or rental price of the tank; or
(2) installation fees or charges, maintenance
				  fees or charges, rent, or any other separately stated periodic charge on the
				  LPG tank.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 171 - Board-Prescribed Report Forms and Property Statements

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Content and Arrangement of
				  Board-Prescribed Report Forms and Property Statements. A county assessor shall
				  use board-prescribed report forms and property statements. An assessor shall
				  not change headings, shall not reduce the font size of text, and shall not
				  change questions in, add questions to, or delete questions from report forms
				  and property statements prescribed by the board. An assessor may add
				  county-specific identifying information, such as the assessor's name and logo,
				  the county's name and logo, and the assessor's contact information, to
				  board-prescribed report forms and property statements. An assessor may
				  designate an area on a board-prescribed report form or property statement as
				  for assessor's use only and may delete, edit, or move an area on a
				  board-prescribed report form or property statement that is designated for
				  assessor's use only. Subject to board approval, an assessor may also:
(1) Alter the size of board-prescribed report
				  forms and property statements to meet the needs of office procedures and
				  facilities;
(2) Bold specific text
				  or enlarge font sizes on board-prescribed report forms and property statements;
				  and
(3) Change the orientation of
				  board-prescribed report forms or property statements, for example, from
				  portrait layout to landscape layout.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 173 - Who Must File a Property Statement. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 3-28-68 as an emergency; effective upon filing. Certificate of
					 Compliance included. (Register 68, No. 13).
2. Repealer filed
					 12-12-69; effective thirtieth day thereafter (Register 69, No.
					 50).
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 174 - Penalty for Late Filing. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 3-28-68 as an emergency; effective upon filing; Certificate of
					 Compliance included (Register 68, No. 13).
2. Repealer filed
					 1-13-69; effective thirtieth day thereafter (Register 69, No. 3).
3.
					 Repealer filed 2-28-69; effective thirtieth day thereafter (Register 69, No.
					 9).
Note: Authority cited: Section
						15606,
						Government Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 181 - Board-Prescribed Mineral Production Reports. [Repealed]

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
1. New
					 section filed 10-10-68 as an emergency; effective upon filing. Certificate of
					 Compliance included (Register 68, No. 38).
2. Repealer filed
					 9-18-69; effective thirtieth day thereafter (Register 69, No.
					 38).
Note: Authority cited: Section
						15606,
						Government Code. Reference: Sections
						401,
						441,
						452
						and
						826,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 191 - Property Tax Audits, General

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
The purpose of the audit is to collect data relevant to the
					 determination of taxability, situs, and value of property. When an audit is to
					 be made, the assessor, his deputy, or his authorized agent shall inform the
					 taxpayer and arrange for the time and place to begin the audit. Upon completion
					 of the audit, the taxpayer shall be given the auditor's findings in writing
					 with respect to data which would alter any previously enrolled assessment. The
					 taxpayer shall be given an opportunity to make written and/or oral response
					 thereto, and his written comments shall become part of the audit report.
After having considered the results of the audit, including
					 discussions with and written comments of the taxpayer, the assessor shall
					 inform the taxpayer of his conclusions as to the value of the property and may
					 (1) cause an escape assessment to be made, (2) make an assessment subject to
					 penalty, or (3) inform the taxpayer of his right to a cancellation of
					 assessment or a refund of taxes.
1. New
					 section filed 6-23-67; effective thirtieth day thereafter (Register 67, No.
					 25).
2. Amendment of NOTE filed 10-26-77; effective thirtieth day
					 thereafter (Register 77, No. 44).
3. Editorial correction of NOTE
					 filed 7-30-82 (Register 82, No. 31).
Note: Authority cited: Section
						15606,
						Government Code. Reference: Section
						469,
						Revenue and Taxation Code.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 192 - Audit Selection

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				  Definitions. For purposes of this regulation:
(1) "Personal property" means all property
				  except real property.
(2) "Business
				  tangible personal property" means personal property used in a profession,
				  trade, or business, and shall include vessels and/or aircraft if used in a
				  profession, trade, or business.
(3)
				  "Trade fixtures" means any fixtures that are used in connection with a trade or
				  business.
(4) "Farming" is a
				  business. When conducting an audit pursuant to this section of a farming or
				  ranching operation, the assessor must determine whether any racehorses taxable
				  to the same taxpayer pursuant to Part 12 of Division 1 of the Revenue and
				  Taxation Code have been underreported or escaped assessment.
(5) "Significant number of audits" means at
				  least 75 percent of the fiscal year average of the total number of audits the
				  assessor was required to have conducted from the 2002-03 fiscal year to the
				  2005-06 fiscal year, inclusive, on those taxpayers in the county that had a
				  full value of four hundred thousand dollars ($400,000) or more of locally
				  assessable trade fixtures and business tangible personal property.
(6) "Taxpayers with largest assessments"
				  means taxpayers that have the largest assessments of locally assessable trade
				  fixtures and business tangible personal property in the county for the
				  applicable year of audit selection.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 192 - Audit Selection

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a) Definitions. For purposes of this
				  regulation:
(1) "Personal property" means all
				  property except real property.
(2)
				  "Business tangible personal property" means personal property used in a profession,
				  trade, or business, and shall include vessels and/or aircraft if used in a
				  profession, trade, or business.
(3)
				  "Trade fixtures" means any fixtures that are used in connection with a trade or
				  business.
(4) "Farming" is a business.
				  When conducting an audit pursuant to this section of a farming or ranching
				  operation, the assessor must determine whether any racehorses taxable to the same
				  taxpayer pursuant to Part 12 of Division 1 of the Revenue and Taxation Code have
				  been underreported or escaped assessment.
(5) "Significant number of audits" means at least
				  75 percent of the fiscal year average of the total number of audits the assessor was
				  required to have conducted from the 2002-03 fiscal year to the 2005-06 fiscal year,
				  inclusive, on those taxpayers in the county that had a full value of four hundred
				  thousand dollars ($400,000) or more of locally assessable trade fixtures and
				  business tangible personal property.
(6)
				  "Taxpayers with largest assessments" means taxpayers that have the largest
				  assessments of locally assessable trade fixtures and business tangible personal
				  property in the county for the applicable year of audit selection.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 4 - Information from Taxpayers and Audits › Section 193 - Scope of Audit

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
(a)
				  When auditing a taxpayer under the requirements of Rule 192, an assessor may
				  audit for only one of the fiscal years within the period specified in section
				  532
				  of the Revenue and Taxation Code if no discrepancy or irregularity is found in
				  the fiscal year selected for audit unless one of the provisions of subdivision
				  (b) apply.
(b) When a discrepancy
				  or irregularity is found in the fiscal year first selected for audit, the
				  assessor shall audit the remaining fiscal years for which the statute of
				  limitations has not expired unless the assessor documents in the audit report
				  his/her conclusion both that:
(1) The
				  discrepancy or irregularity in the fiscal year first selected is peculiar to
				  that fiscal year; and
(2) The
				  discrepancy or irregularity did not disclose:
(A) an escape assessment under the provisions
				  of Revenue and Taxation Code sections
				  469,
				  502,
				  503,
				  531.3,
				  or
				  531.4;
				  or
(B) an error that resulted in
				  property being incorrectly valued or misclassified that caused the property to
				  be assessed at a higher value than would have been on the roll if the error had
				  not occurred. The error that caused the property to be assessed at a higher
				  value than would have been on the roll must be of "material value" as defined
				  in Rule 305.3.
California Code of Regulations › Title 18 - Public Revenues › Division 1 - State Board of Equalization-Property Tax (California Department of Tax and Fee Administration - Timber Yield Tax, See Chapter 11) › Chapter 2 - Assessment › Article 5 - Situs › Section 201 - Tax Situs of Air Carriers' Aircraft Components, Repair and Replacement Parts, and Supplies

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Aircraft components, repair and replacement parts, and
					 supplies owned, claimed, possessed, controlled, or managed by an air carrier
					 shall be assessed at the place where they are situated on the lien date. Items
					 which have been moved temporarily to another location for processing or repair,
					 such as radio equipment being serviced or an engine being overhauled, do not
					 acquire another situs for taxation by reason of temporary removal from the
					 place where they are habitually kept.
Components, parts, and supplies do not acquire more than
					 one taxable situs, although individual items may be rotated between storage and
					 operational use on various aircraft over a period of time.
1. New
					 Article 5 (Section
					 201) filed 2-14-67 as an
					 emergency, effective upon filing. Certificate of Compliance included (Register
					 67, No. 7).
2. Amendment filed 1-13-69; effective thirtieth day
					 thereafter (Register 69, No. 3).
3. Amendment of NOTE filed
					 10-26-77; effective thirtieth day thereafter (Register 77, No.
					 44).
Note: Authority cited: Section
						15606,
						Revenue and Taxation Code. Reference: Sections
						443 and
						1019, and Article 6, Chapter 5,
						Part 2, Division 1, Revenue and Taxation
						Code.