Every person engaged in a business not specifically mentioned or classified in this chapter, within the City of Cupertino, shall pay a business license tax in accordance with the following schedule:
A. A basic tax of seventy-five dollars per year;
B. In addition, each such person shall pay a fee as follows:
Square Feet | Rate per Square Foot |
0-5,000 | .0200 |
5,001-25,000 | .0175 |
25,001-75,000 | .0150 |
75,001-100,000 | .0125 |
100,001-150,000 | .0100 |
150,001 and above | .0025 |
This amount shall increase annually from 1992 based on the indexing formula in Section 5.04.460 of this code.
For purposes of this section, “floor area” means the total floor space in terms of square footage occupied by an owner, lessee or tenant in a building, less fifteen percent. This adjustment allows for elevator shafts, stairwells, courts or atria (uncovered and open to the sky), and rooms exclusively housing building operating equipment.
(Ord. 1886, (part), 2001; Ord. 1822, (part), 1999; Ord. 1612, § 1 (part), 1992)