Month: June 2017

California Supreme Court Decision on Documentary Transfer Tax

June 30, 2017

On June 29, 2017, the California Supreme Court held in 926 North Ardmore Avenue, LLC, v. County of Los Angeles, “Section 11911 [of the Revenue and Taxation Code] permits the imposition of a documentary transfer tax whenever a transfer of an interest in a legal entity results in a change in ownership of real property…

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