A Business Owner is an individual or entity who owns a business, big or small. As a business owner, you are required to report all your assets and obtain necessary forms, from the Business Personal Property Division of the Office of the Assessor-Recorder.
Please be advised that the Office of the Assessor-Recorder, Business Personal Property Division, located at 1155 Market Street, 5th Floor is undergoing renovations from November 27, 2017 until January 2018. During this time, taxpayers may receive assistance from Business Personal Property Division staff by emailing email@example.com, calling (415) 554-5596, or visiting the Assessor’s Office in City Hall, Room 190, 1 Dr. Carlton B. Goodlett Place, San Francisco, CA 94102, Monday – Friday, 8:00 am – 5:00 pm. Thank you for your patience while work is being completed.
About Business Property AssessmentsBusiness property owners must file a property statement each year detailing the acquisition cost of all supplies, equipment, fixtures, and improvements owned at each location within the City and County of San Francisco.
Business Property Statement FilingEvery February of each year, business owners are requested by the Assessor to file the Business Property Statement (Form 571-L) for all businesses owned as of the lien date, January 1 at 12:01 a.m. for that year.
571-L Business Property Statement E-FileFiling the Form 571-L is required by state law and is how businesses report the taxable business property they own.
571-R Business Apartment StatementAll San Francisco businesses that collects transient occupancy tax (TOT) or engages in property rental activity are required by California state law to file a Form 571-R.
New Business OwnersNew business owners must register their business with the Assessor-Recorder, Business Personal Property Division, to receive a Notice of Requirement to File or a Business Property Statement (Form 571-L).