Francisco’s Payroll and Gross Receipts Tax: Status Report
Thursday, March 8, 9-10:30 am
Renne, City Attorney
Leal, Treasurer/Tax Collector
San Francisco collects a business tax from companies and/or
persons doing business in the city.
Businesses are required to use one of two methods in
calculating the taxes owed 1) 1.5 percent of their payroll;
or 2) A figure from $1.23 to $3.00 per thousand dollars of
gross receipts. Each entity is required to utilize the
method that yields the higher tax revenue.
Businesses owing less than $2,500 in taxes are
exempt, under the “small business exemption,” from
payment of these taxes.
lawsuits against this tax have resulted in significant
potential liability for the city.
Settlement talks are ongoing.
On March 12 Supervisor Gonzalez introduced a motion
at city hall to eliminate the gross receipts portion of the
revenue from this tax, combined with funds set aside by the
Controller to cover lawsuit liabilities adds to concerns
over the city’s fiscal health.
Concerns about the city’s business tax strategy
RSVP to: firstname.lastname@example.org
or Affy Tavakoli at 415-352-8841.
Space is limited.
information on Forums, Contact Jim Mathias at 415-352-8838
All meetings are held
in the Chamber’s Boardroom 235
Montgomery Street, 12th Floor (between Bush &
and add’l. info. for all Forums is available