California May Soon Require Owners To Register And Report Commercial Property
By EsqSocial Corporation 29/04/25
In California, it seems that everything must be registered and reported to the state. A spot bill, SB 789 (Menjivar) was recently amended to require that individuals and entities owning commercial property in the state to register with the California Department of Tax and Fee Administration. In addition, owners would be required to file an information return each year with the Department. The return would be required to disclose, inter alia, whether any buildings or portions of buildings were...
By: Allen Matkins