County assessor announces filing extension for business property tax statements to June 1

SAN DIEGO – San Diego County assessor/recorder/county clerk, Ernest J. Dronenburg Jr. announced a new filing deadline granted by Gov. Gavin Newsom’s executive order to help small businesses impacted by the COVID-19 pandemic avoid late filing penalties.

Dronenburg and Mike Schaefer, the vice chair of the state Board of Equalization, who both represent San Diego County, were among many elected officials from across California calling on the governor to grant this relief to business owners during the COVID-19 pandemic.

California state law automatically applies a 10% penalty for those who file late after May 7. Executive Order N-62-20 effectively extends the filing deadline for Business Personal Property Statements from Thursday, May 7, to Monday, June 1, helping businesses avoid a state-mandated 10% penalty.

“We are grateful Gov. Newsom through an executive order approved the request to extend the filing deadline to June 1, providing California small-business owners some relief from the state-mandated Business Personal Property 10% late filing penalty,” Dronenburg said. “My office is working proactively to help taxpayers, and with this executive order we are now able to save over 40,000 San Diego County business owners from the state-mandated 10% late filing penalty they would have incurred after today.

“My office remains open and committed to providing taxpayers excellent customer service online, over the phone and through email to ensure everyone has the tools they need to avoid the state mandate penalties by filing timely before the newly granted June 1 filing deadline,” he said.

Businesses are required to report their taxable business personal property with a combined value of $100,000 or if requested to do so with the assessor’s office on an annual basis. State law requires that a 1% tax be applied to all business property valued of $5,000 or more. The county assessor’s Business Personal Property Division mailed approximately 64,000 statements to business, aircraft and vessel owners. As of May 6, only 23,000 statements, which account for less than 50% of the mandated filers, had filed.

Eligible business owners are strongly encouraged to e-file their statements online by June 1. Questions regarding e-filing or general assistance can receive support by calling 858-505-6100 or via email at [email protected].

Submitted by the office of the San Diego County Assessor/Recorder/County Clerk.