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Get CA BOE-100-B 2012

, an ownership interest is represented by voting stock. In the case of partnerships or limited liability companies, an ownership interest is represented by the total interest in capital and profits. Change in Ownership—R&TC section 64(d)—A change in ownership occurs when cumulatively more than 50 percent of the original co-owners’ interests in the legal entity is transferred; original co-owner status is created when a transfer of property is excluded from reassessment under R&TC section 6.

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