Fishing Exemption
If you own a Commercial Fishing Boat, you may be eligible for a 96% reduced assessment.
To find out if you are eligible, file an Affidavit of 4% Assessment of Certain Vessels (Form BOE 576-E) with the Assessor-Recorder, Business Personal Property Division by February 15th. If you file between February 16th and August 1st, you will be eligible for 80% of the reduced assessment.
It is not the Assessor-Recorder’s responsibility to notify all vessel owners who might qualify for the 4% assessment.