U.S. Supreme Court,
Tax
Jul. 12, 2023
Pending Supreme Court case could overshadow the legality of the so-called “mansion tax”
The outcome of the Moore v. United States case is likely to serve as precedent that will dispose of the Mansion Tax as unconstitutional - assuming the High Court reverses the Ninth Circuit's decision upholding the reparation tax.
Jeffrey Dintzer
Partner
Alston & Bird LLP
333 S Hope St Ste 1600
Los Angeles , CA 90071
Phone: (213) 576-1063
Email: jeffrey.dintzer@alston.com
Boston University SOL; Boston MA
During over 30 years representing clients in complex environmental, toxic tort, and land use litigation, class actions, and administrative proceedings, he has been involved in precedent-setting cases affecting the way industries such as oil & gas do business in California.
Garrett Stanton
Senior Associate
Alston & Bird's Environment, Land Use & Natural Resources practice group
We recently expressed our opinions on the City of Los Angeles's Measure ULA (referred to as the "Mansion Tax"), which imposes a 4% gross sales tax on sellers of real property (commercial and residential) transferred within the city limits for $5 million and a 5.5% gross sales tax on real property sold above $10 million without any consideration for income or profit realization.
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