TAXPAYERS AND APARTMENT OWNERS FILE LEGAL CHALLENGE TO MEASURE ULA, L.A.’S NEW TAX ON REAL ESTATE SALES AND TRANSFERS
A new tax on real estate sales or transfers above $5 million in the City of Los Angeles violates the California Constitution and the Los Angeles City Charter and is “substantively invalid,” said the Howard Jarvis Taxpayers Association in a lawsuit filed Thursday in Los Angeles Superior Court. HJTA, joined in the legal action by the Apartment […]