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Small Business California Gross Receipts Tax

Eversheds Sutherland (US) LLP

Proposal to reform San Francisco gross receipts tax

On May 6, 2024, the San Francisco Controller and Treasurer released their proposed final tax reform ordinance language. To become effective, San Francisco voters will have to pass a measure on the November 5, 2024 ballot by a...more

Jones Day

Overpaid Executive Gross Receipts Tax Approved in San Francisco

Jones Day on

The new tax takes effect on January 1, 2022, and will be imposed on businesses in which the highest-paid executive’s total compensation is more than 100 times the median San Francisco-based employee compensation. San...more

Pillsbury Winthrop Shaw Pittman LLP

California’s Proposition 15 Is Failing While San Francisco Accepts a Bevy of Local Tax Measures

California voters say “No” to split roll, and San Francisco voters say “Yes” to higher gross receipts taxes and real estate transfer taxes. Initial returns show California voters rejecting Prop. 15. San Francisco voters...more

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