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FORMBOE571L (P1) REV. 24 (0518)2019BUSINESS PROPERTY STATEMENT571LMARK CHURCH COUNTY OF SAN MATEO ASSESSOR COUNTY CLERK RECORDER & CHIEF ELECTIONS OFFICER 555 COUNTY CENTER, REDWOOD CITY, CA 940631665
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What is form 571-l?
Form 571-l, also known as the Business Property Statement, is a form used to report taxable business personal property in California.
Who is required to file form 571-l?
All California businesses that own personal property used or held for a business purpose are required to file form 571-l.
How to fill out form 571-l?
Form 571-l can be filled out online or through paper submission. Taxpayers need to provide detailed information about their business personal property.
What is the purpose of form 571-l?
The purpose of form 571-l is to assess and tax business personal property in California for revenue generation.
What information must be reported on form 571-l?
Critical information such as the cost and acquisition year of business personal property, location of the property, and equipment details must be reported on form 571-l.
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