Today, SF Mayor Ed Lee joined with his political rival to announce a grand compromise for overhauling San Francisco’s business tax that will result in a single measure going before voters in November. If approved, the ballot measure will change how the city levies its often-criticized business tax, which brought in $410 million last year and… Read More
Posts Tagged With: gross receipts tax
SF Mayor Ed Lee Presents New Business Tax Proposal
For the past several months, the S.F. Controller’s Office has been working with the S.F. Treasurer’s Office, the City Attorney’s Office, and local businesses on a redesign of the City’s business tax system. The current business tax system levies taxes based on a business’ total payroll, and many believe that such a payroll tax penalizes… Read More