Real Estate/Development,
Tax,
California Supreme Court
Jun. 6, 2024
California Supreme Court to decide on mansion tax’s fate
The Taxpayer Protection and Government Accountability Act, an anti-tax initiative, is likely to pass in November, which could lead to the demise of Los Angeles’ mansion tax. The California Supreme Court is currently deciding whether voters may weigh in on a ballot measure.
Jeffrey Dintzer
Partner, Alston & Bird LLP
333 S Hope St Ste 1600
Los Angeles , CA 90071
Phone: (213) 576-1063
Email: jeffrey.dintzer@alston.com
Boston University SOL; Boston MA
During over 30 years representing clients in complex environmental, toxic tort, and land use litigation, class actions, and administrative proceedings, he has been involved in precedent-setting cases affecting the way industries such as oil & gas do business in California.
Garrett Stanton
Senior Associate, Alston & Bird's Environment, Land Use & Natural Resources practice group
We previously reported on the constitutionality of and legal challenges to Los Angeles' Measure ULA, commonly known as the "mansion tax." We will now explore another potential threat to the tax -- one that may lead to its demise.
To recap, the mansion tax, effective April 1, 2023, imposes a 4% gross sales tax ...
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