California Revenue and Taxation Code ARTICLE 4 - Property Escaping Assessment

• Section 531.
  If any property belonging on the local roll has escaped assessment, the assessor shall assess the property on discovery at its value on the lien...
• Section 531.1.
  Upon the termination of an exemption pursuant to Section 271.5 or 276.3, upon receipt of a notice pursuant to Section 284, or upon indication from...
• Section 531.2.
  (a) When the property is real property which subsequent to July 1 of the year of escape for purposes of this article, or subsequent to July...
• Section 531.3.
  If the assessor requires an assessee to describe personal property in such detail as shows the cost thereof but the assessee omits to report the...
• Section 531.4.
  When an assessee files with the assessor a property statement or report on a form prescribed by the board with respect to property held or...
• Section 531.5.
  If a business inventories exemption has been incorrectly allowed because of erroneous or incorrect information submitted by the taxpayer or his agent misclassifying as business...
• Section 531.6.
  The taxpayer who has filed a claim for the homeowners’ exemption which has not been denied by the assessor is responsible for notifying the assessor...
• Section 531.7.
  If property has not been legally assessable on the local secured roll for any year because the property has been tax deeded to a taxing...
• Section 531.8.
  No escape assessment shall be enrolled under this article before 10 days after the assessor has mailed or otherwise delivered to the affected taxpayer a...
• Section 531.9.
  A county board of supervisors may, by ordinance, prohibit an assessor from making an escape assessment of an appraisal unit where that assessment would result...
• Section 532.
  (a) Except as provided in subdivision (b), any assessment made pursuant to either Article 3 (commencing with Section 501) or this article shall be made within...
• Section 532.1.
  (a) If, before the expiration of the period specified in Section 532 for making an escape assessment, the taxpayer and the assessor have agreed in writing...
• Section 532.2.
  Notwithstanding Section 532, the assessor shall assess as escaped property any property for which a welfare exemption was granted while that property was “in the...
• Section 533.
  (a) If an escape assessment is made as a result of an audit that discloses that property assessed to the party audited has been incorrectly assessed...
• Section 534.
  (a) Assessments made pursuant to Article 3 (commencing with Section 501) or this article shall be treated like, and taxed at the same rate applicable to,...
• Section 535.
  This article does not apply to intangibles.(Enacted by Stats. 1939, Ch. 154.)
• Section 536.
  Any amount paid by the state to reimburse local taxing agencies for loss of revenue resulting from incorrectly allowed exemptions, if not repaid to the...
• Section 538.
  (a) If the assessor believes that a specific provision of the Constitution of the State of California, of this division, or of a rule or regulation...

Last modified: October 22, 2018