California’s Proposition 13: Do Likely Changes Forebode Higher Business Property Taxes?
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California’s Proposition 13: Do Likely Changes Forebode Higher Business Property Taxes?
Proposition 13, which has defined the rules for California property taxation for forty years, will likely change for businesses, and perhaps as soon as 2021. A ballot measure will appear on California’s November 2020 ballot that would fundamentally change property taxes on non-agricultural businesses with more than fifty employees.
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