Assessor Jeff Prang’s Proposal to Raise Small Business Property Tax Threshold is Approved
Assessor Jeff Prang’s Proposal to Raise Small Business Property Tax Threshold is Approved LOS ANGELES, CA – Los Angeles County Assessor Jeff Prang’s proposal to modernize the County’s Low Value Ordinance by increasing the threshold at which business personal property is subject to taxation from $5,000 to $10,000 has been approved. The Los Angeles County Board of…