San Francisco: The City That Knows How … to Tax?

Daily Tax Report: State provides authoritative coverage of state and local tax developments across the 50 U.S. states and the District of Columbia, tracking legislative and regulatory updates,...

San Francisco's new gross receipts tax will be phased in over five years, beginning Jan. 1, 2014. The authors provide a historical background and overview of the tax. They explain who is subject to tax, what constitutes a “gross receipt,” the rates applicable to the different types of businesses, apportionment and the combined filing requirement.