Form BOE-571-S Business Property Statement - Short Form - Sample - California

What Is Form BOE-571-S?

This is a legal form that was released by the California State Board of Equalization - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form BOE-571-S Business Property Statement?
A: Form BOE-571-S is a short form used in California to report business property for taxation purposes.

Q: Who needs to file a Form BOE-571-S Business Property Statement?
A: Businesses in California that own or lease tangible personal property used for business purposes need to file this form.

Q: What is the purpose of filing a Form BOE-571-S Business Property Statement?
A: The purpose is to provide the county assessor with information about the value and nature of a business's property for property tax assessment.

Q: When is the deadline to file Form BOE-571-S?
A: The form must be filed annually by April 1st.

Q: What information is needed to complete Form BOE-571-S?
A: Information about the business's property, such as its description, date acquired, cost, and acquisition details, is required.

Q: Is there a penalty for not filing Form BOE-571-S?
A: Yes, failure to file the form may result in penalties and assessments.