Olympic and Georgia Partners v. County of Los Angeles (S280000)
This case addresses whether an intangible asset is capable of valuation for property tax purposes. CSAC’s brief urges the California Supreme Court to reverse the Court of Appeal and find instead he presence of intangibles at a taxable property can enhance the unitary value of taxable property and also the value of a business using taxable property. CSAC’s brief was prepared by Santa Barbara Senior Deputy County Counsel Michael Munoz.
