BOE-576-E

Source: https://www.boe.ca.gov/proptaxes/pdf/sample-boe576e.pdf

This page watermarked sample only. Contact Assessor for actual form.

BOE-576-E (P1) REV. 10 (07-25) 20 ___ AFFIDAVIT FOR 4 PERCENT ASSESSMENT OF CERTAIN VESSELS To receive the full benefit of t he r educed assessment, file this affidavit with the Assessor by Feb ruary 15. If the affidavit is filed between February 16 and August 1, 80% of the reduced assessment is available.

NAME AND MAILING ADDRESS (Make necessary corrections to the printed name and mailing address.)

NAME OF APPLICANT (LAST, FIRST, MIDDLE INITIAL) ASSESSOR’S PARCEL/ASSESSMENT NUMBER

CORPORATION, PARTNERSHIP, DBA Form

ADDRESS CITY STATE ZIP Check and complete the following,ONLYas applicable: P

1. The applicant or organization is the owner of a vessel that is documented by the United States Coast Guard.
   Vessel name: Port of documentation: Actual
   Documented Vessel Number

   OR2. The applicant or organization is the owner of a vessel that is registeredforby the California Department of Motor Vehicles. CF number: AND The vessel is engaged or employed exclusively in one or more of the following activities:

2. Taking and possession of fish or other living resource of the sea for commercial purposes.

3. Instruction or research studies as an oceanographic research vessel. Attach evidence of official classification by United States SAMPLE
   Department of Homeland Security or Coast Guard, and attach a contract, statement, or agreement from a recognized college, university,
   government agency, private foundation, or organization outlining the nature of research and time duration.

4. Carrying or transporting seven or more people for hire for commercial passenger fishing purposes, and holds a current certificate of inspection issued by the UnitedAssessorStates Coast Guard (attach a copy). A vessel shall not be deemed to be engaged or employed in
   activities other than the carrying or transporting of seven or more persons for hire for commercial passenger fishing purposes by reason
   of that vessel being used occasionally for dive, tour, or whale-watching purposes. For purposes of this subdivision, occasionally means
   15 percent or less of the total operating time logged for the immediately preceding assessment year.

5. Was the vessel used for any other activity during the preceding calendar year? Yes No If Yes, describe the activity and number
   of days used in this activity.

If items 3 or 5 are checked, provide the Fish & Game Boat Number: Contact CERTIFICATION I certify (or declare) under penalty of perjury under the laws of the State of California that the foregoing and all information herein, including any accompanying statements or materials, is true, correct, and complete to the best of my knowledge and belief.

SIGNATURE OF APPLICANT TITLE DATE t Whom should we contact during normal business hours for additional information?

NAME

E-MAIL ADDRESS DAYTIME TELEPHONE ( )

THIS DOCUMENT IS SUBJECT TO PUBLIC INSPECTION

This page watermarked sample only. Contact Assessor for actual form.

BOE-576-E (P2) REV. 10 (07-25)

GENERAL INFORMATION

Revenue and Taxation Code section 227 states: "A documented vessel, as defined in Section 130, shall be assessed at 4 percent of its full cash value only if the vessel is engaged or employed exclusively in any of the following:

(a) In the taking and possession of fish or other living resource of the sea for commercial purposes. (b) In instruction or research studies as an oceanographic research vessel. (c) In carrying or transporting seven or more people for hire for commercial passenger fishing purposes and holds a current certificate of inspection issued by the United States Coast Guard.

A vessel shall not be deemed to be engaged or employed in activities other than the carrying or transporting of seven or more persons for hire for commercial passenger fishing purposes by reason of that vessel being used occasionally for dive, tour, or whale watching purposes. For purposes of this subdivision, 'occasionally' means 15 percent or less of the total operating time logged for the immediately preceding assessment year."

Revenue and Taxation Code section 275.5 states: "If a person claiming classification of a vessel as a documented vesseleligible for assessment under Section 227 fails to file the affidavit required by Section 254Formby 5 p.m. on February 15 of the calendar year in which the fiscal year begins, but files that affidavit on or before the following August 1, the assessment shall be reduced in a sum equal to 80 percent of the reduction that would have been allowed had the affidavit been timely filed." ONLY Actual for SAMPLE Assessor Contact