In a February Legal Update, we analyzed the Taxpayer Protection and Government Accountability Act (the “Taxpayer Protection Act” or the “Act”), a statewide California ballot initiative that could potentially repeal the...more
The City of Los Angeles ULA Tax—a new city tax on certain real estate transactions, commonly referred to as the “mansion tax”—may be invalidated through the November 2024 election....more
2/23/2024
/ Ballot Measures ,
California ,
City of Los Angeles ,
Constitutional Amendment ,
High Net-Worth ,
Local Ordinance ,
Property Owners ,
Real Estate Transactions ,
Regulatory Agenda ,
Tax Liability ,
Transfer Taxes