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‘Mansion tax’ prevails in court as judge dismisses lawsuit challenging Measure ULA

Por: Los Angeles Times Nation October 26, 2023

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An L.A. County judge dismissed a lawsuit challenging L.A.’s mansion tax on Tuesday, marking the end of a months-long legal challenge from the luxury real estate community that looked to declare the measure unconstitutional. The transfer tax known as Measure ULA was passed in November and took effect April 1, bringing a 4% charge on all residential and commercial real estate sales in the city above $5 million and a 5.5% charge on sales above... + full article



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