EU Propose New Copyright Laws (Nov 2018)

CA New Privacy Laws (Nov 2018)

CA Businesses Required Female Board Members (Nov 2018)

Take Advantage Of Big Data To Boost Customer Satisfaction, Read These 4 Tips

PayPal and American Express Give Your Customers More Payment Options

How to Hire the People You Need--Fast

 States With No Corporate Income Tax Rate
South Dakota
Key Economic Indicators 
Item  Rate 
CPI: 0.3% (Oct 2018) 
GDP Growth:   3.5% (3rd QTR 2018)
Bank Prime Interest Rate:   5.25%
Consumer Confidence:  137.9% (Oct 2018) 
Small Biz Confidence:  107.4% (Oct 2018) 
Avg Gas Price:  $2.46 

17 Feb 2014


Email this page    


San Francisco Corporate Tax Change

San Francisco will be switching from a Payroll Expense Tax to a Gross Receipt Tax starting in 2014.

Business in San Francisco will have to make adjustments to the new law that changes the way they pay corporate taxes.

San Francisco currently have a 1.5% Payroll Expense Tax in place that taxes all businesses with a taxable San Francisco payroll expense greater than $150,000.  This tax is being phased out between 2014 and 2018.  It will be replaced by the Gross Receipt Tax.

The Gross Receipt Tax will be applied based on the industry your business is in and the amount of gross receipts.  The Gross Receipt Tax rate will range from $0.75 per $1,000 to $5.60 per $1,000 on gross receipts of $1,000,000 and above.  The rate is tiered based on the level of gross receipts. 

Small Businesses with gross receipts less than $1,000,000 will not be subjected to the Gross Receipt Tax. 

Learn more about the new tax.

By Owen Daniels
































SBZ Home

News Home

Extra News Home




                  Report broken links               Contact us              About us           Become a Contributor to this site            Link Exchange 

2012-2015 The Small Business Zone, Inc.  All rights reserved.