Laws, Regulations & Annotations

E

390.0000 ESCAPE ASSESSMENTS

Annotation 390.0001

390.0001 Assessment Appeals. There is no section of the Revenue and Taxation Code that modifies the four-year statute of limitations for escape assessments based solely on the fact that an application for reduction of assessment has been filed. There is, however, a so-called "late-discovery exception" thereto (Silver v. Watson, 26 Cal.App.3d 905), which may be applicable if it is established that a cause of action could not with reasonable diligence have been discovered prior to the running of the statute. (See Orange County Rock Products Co. v. Cook Bros. Equipment Co., 246 Cal.App.2d 698.) C 12/17/1982.