By Ryan Thomas Riddle
Today, as Assessor-Recorder Phil Ting and the Archdiocese of San Francisco continue their ongoing battle over millions in transfer tax revenue, witnesses on both sides are being called to testify in this high-stakes case.
The two sides previously squared off on Tuesday, Oct. 6, when Ting got to present his side of the case before the Transfer Tax Review Board, countering church officials’ claims that their extensive 2008 property transfers doesn’t qualify for taxation. But the Assessor’s Office told the Guardian that it will take time before there is a resolution.
At issue are the diocese’s transferred properties, valued at anywhere from $210 million to $1.25 billion. If that’s the case then the transfer tax revenue could fall somewhere between $3 and $15 million, and more could be collected in property taxes once the properties are reassessed.