[ryathal]

100k is pretty easy to hit with 75-100 employees. 100 desks, chairs, and computers is going to be at least that much. hopefully you don't have meeting rooms, printers/copiers, a waiting area, a break room with fridge/microwave/coffee/table/chairs...

[robomartin]

He is wrong. The tax applies above and below $100K. The process is a bit different on each side of that threshold.

https://assessor.lacounty.gov/personal-property-assessments-...

From the page:

"businesses with personal property and fixtures that cost less than $100,000 are not required to file a Business Property Statement annually. Instead, a value is established based on an initial Business Property Statement filing or by an on-site appraisal. That value may be adjusted by subsequent annual on-site appraisals."

You pay this amount annually so long as you didn't buy anything new. They can show-up and do an on-site appraisal and get you if you under reported.