Home Publications Guides, Manuals, and Reference Materials County Tax Collectors' Reference Manual (2012) Chapter 1000 Secured Collections 1710-1711 Escape Assessments: Time Limitations

1710-1711 Escape Assessments: Time Limitations

1710. NON-PENAL ESCAPE ASSESSMENTS
Non-penal escape assessments must be made within four years after July 1 of the assessment year (Rev. & Tax. Code §118) in which the property escaped taxation or was under-assessed (Rev. & Tax. Code §532).

1711. PENAL ESCAPE ASSESSMENTS
Any assessment to which the 25-percent penalty provided for in Revenue and Taxation Code section 504 (penalty assessment; amounts) must be added within six years after July 1 of the assessment year (Rev. & Tax. Code §118) in which the property escaped assessment or was under-assessed (Rev. & Tax. Code §532).

If any taxable tangible property escapes assessment or is under-assessed because of fraud, omission or collusion, pursuant to Revenue and Taxation Code section 503, the assessor shall add to the assessment a penalty of 75 percent of the additional assessed value so assessed. This does not apply to assessments that are placed on the current roll prior to the time it was originally completed and published.