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(a)
The gross receipts tax rates applicable to the business activity of construction are:
(1) For tax years beginning on or after January 1, 2018 and ending on or before December 31, 2020:
0.3% (e.g., $3 per $1,000) for gross receipts between $0 and $1,000,000
0.35% (e.g., $3.50 per $1,000) for gross receipts between $1,000,001 and $2,500,000
0.4% (e.g., $4 per $1,000) for gross receipts between $2,500,001 and $25,000,000
0.45% (e.g., $4.50 per $1,000) for gross receipts over $25,000,000
(2) For tax years beginning on or after January 1, 2021:
0.42% (e.g., $4.20 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.49% (e.g., $4.90 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.56% (e.g., $5.60 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.63% (e.g., $6.30 per $1,000) for taxable gross receipts over $25,000,000
(b) Construction includes the activity of preparing sites for, subdividing land for, or working on, buildings or engineering projects (including highways and utility systems); it includes business activity described in NAICS code 23.
(c) The amount of gross receipts from construction subject to the gross receipts tax shall be one-half of the amount determined under Section 956.1 plus one-half of the amount determined under Section 956.2. The amount of gross receipts so determined shall then be reduced by any amounts which were included in a person's gross receipts within the City pursuant to Section 956.1, and which that person paid to a subcontractor possessing a valid business registration certificate with the City during the tax year. There shall be no reduction for any other costs, including without limitation costs for materials, fees, equipment, or other services. In order to claim such a reduction, a person must maintain an itemized schedule of payments to subcontractors and information sufficient to enable the Tax Collector to verify that the subcontractor possessed a valid business registration certificate with the City.
(Added by Proposition E, App. 11/6/2012, Oper. 1/1/2014; amended by Proposition F, 11/3/2020, Eff. 12/29/2020, Oper. 1/1/2021; Ord. 152-21, File No. 210828, App. 9/29/2021, Eff. 10/30/2021)
(a)
The gross receipts tax rates applicable to the business activities of financial services; insurance; and professional, scientific and technical services are:
(1) For tax years beginning on or after January 1, 2018 and ending on or before December 31, 2020:
0.4% (e.g., $4 per $1,000) for gross receipts between $0 and $1,000,000
0.46% (e.g., $4.60 per $1,000) for gross receipts between $1,000,001 and $2,500,000
0.51% (e.g., $5.10 per $1,000) for gross receipts between $2,500,001 and $25,000,000
0.56% (e.g., $5.60 per $1,000) for gross receipts over $25,000,000
(2) For the business activity of insurance:
(A) For tax year 2021:
0.56% (e.g., $5.60 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.644% (e.g., $6.44 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.714% (e.g., $7.14 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.784% (e.g., $7.84 per $1,000) for taxable gross receipts over $25,000,000
(B) For tax year 2022 and, if the Controller does not certify under Section 953.10 that the 90% gross receipts threshold has been met for tax year 2023, for tax year 2023:
0.58% (e.g., $5.80 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.667% (e.g., $6.67 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.74% (e.g., $7.40 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.812% (e.g., $8.12 per $1,000) for taxable gross receipts over $25,000,000
0.6% (e.g., $6 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.69% (e.g., $6.90 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.765% (e.g., $7.65 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.84% (e.g., $8.40 per $1,000) for taxable gross receipts over $25,000,000
(D) For tax year 2024 if the Controller certifies under Section 953.10 that the 95% gross receipts threshold has been met for tax year 2024, and for tax years beginning on or after January 1, 2025:
0.62% (e.g., $6.20 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.713% (e.g., $7.13 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.791% (e.g., $7.91 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.868% (e.g., $8.68 per $1,000) for taxable gross receipts over $25,000,000
(3) For the business activities of financial services and professional, scientific and technical services:
(A) For tax year 2021:
0.56% (e.g., $5.60 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.644% (e.g., $6.44 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.714% (e.g., $7.14 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.784% (e.g., $7.84 per $1,000) for taxable gross receipts over $25,000,000
(B) For tax year 2022 and, if the Controller does not certify under Section 953.10 that the 90% gross receipts threshold has been met for tax year 2023, for tax year 2023:
0.6% (e.g., $6 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.69% (e.g., $6.90 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.765% (e.g., $7.65 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.84% (e.g., $8.40 per $1,000) for taxable gross receipts over $25,000,000
0.62% (e.g., $6.20 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.713% (e.g., $7.13 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.791% (e.g., $7.91 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.868% (e.g., $8.68 per $1,000) for taxable gross receipts over $25,000,000
(D) For tax year 2024 if the Controller certifies under Section 953.10 that the 95% gross receipts threshold has been met for tax year 2024, and for tax years beginning on or after January 1, 2025:
0.64% (e.g., $6.40 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.736% (e.g., $7.36 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000
0.816% (e.g., $8.16 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000
0.896% (e.g., $8.96 per $1,000) for taxable gross receipts over $25,000,000
(b) Financial services includes the activities of engaging in or facilitating financial transactions; it includes business activities described in NAICS codes 521, 522 and 523.
(c) Insurance includes the activities of facilitating or supporting the pooling of risk by underwriting insurance and annuities; the activities covered by this Section include those of persons not exempt from the gross receipts tax based on business activities described in NAICS code 524.
(d) Professional, scientific and technical services includes the activity of providing for others, specialized professional, scientific, or technical services that require a high degree of expertise and training; it includes business activity described in NAICS code 54.
(e) The amount of gross receipts from the activities described in this Section subject to the gross receipts tax shall be the amount determined under Section 956.2.
(Added by Proposition E, App. 11/6/2012, Oper. 1/1/2014; amended by Proposition F, 11/3/2020, Eff. 12/29/2020, Oper. 1/1/2021; Ord. 152-21, File No. 210828, App. 9/29/2021, Eff. 10/30/2021)
(a)
The gross receipts tax rates applicable to the business activities of real estate and rental and leasing services are:
(1) For tax years beginning on or after January 1, 2018 and ending on or before December 31, 2020:
0.285% (e.g., $2.85 per $1,000) for gross receipts between $0 and $1,000,000
0.285% (e.g., $2.85 per $1,000) for gross receipts between $1,000,001 and $5,000,000
0.3% (e.g., $3.00 per $1,000) for gross receipts between $5,000,001 and $25,000,000
0.3% (e.g., $3.00 per $1,000) for gross receipts over $25,000,000
(2) For tax year 2021:
0.399% (e.g., $3.99 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.399% (e.g., $3.99 per $1,000) for taxable gross receipts between $1,000,000.01 and $5,000,000
0.42% (e.g., $4.20 per $1,000) for taxable gross receipts between $5,000,000.01 and $25,000,000
0.42% (e.g., $4.20 per $1,000) for taxable gross receipts over $25,000,000
(3) For tax year 2022 and, if the Controller does not certify under Section 953.10 that the 90% gross receipts threshold has been met for tax year 2023, for tax year 2023:
0.413% (e.g., $4.13 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.413% (e.g., $4.13 per $1,000) for taxable gross receipts between $1,000,000.01 and $5,000,000
0.435% (e.g., $4.35 per $1,000) for taxable gross receipts between $5,000,000.01 and $25,000,000
0.435% (e.g., $4.35 per $1,000) for taxable gross receipts over $25,000,000
0.428% (e.g., $4.28 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.428% (e.g., $4.28 per $1,000) for taxable gross receipts between $1,000,000.01 and $5,000,000
0.45% (e.g., $4.50 per $1,000) for taxable gross receipts between $5,000,000.01 and $25,000,000
0.45% (e.g., $4.50 per $1,000) for taxable gross receipts over $25,000,000
(5) For tax year 2024 if the Controller certifies under Section 953.10 that the 95% gross receipts threshold has been met for tax year 2024, and for tax years beginning on or after January 1, 2025:
0.442% (e.g., $4.42 per $1,000) for taxable gross receipts between $0 and $1,000,000
0.442% (e.g., $4.42 per $1,000) for taxable gross receipts between $1,000,000.01 and $5,000,000
0.465% (e.g., $4.65 per $1,000) for taxable gross receipts between $5,000,000.01 and $25,000,000
0.465% (e.g., $4.65 per $1,000) for taxable gross receipts over $25,000,000
(b) Real estate and rental and leasing services includes the activities of renting, leasing, or otherwise allowing the use of tangible or intangible assets, and the activity of providing related services; it includes business activity described in NAICS code 53.
(c) The amount of gross receipts from real estate and rental and leasing services subject to the gross receipts tax shall be the total amount of gross receipts derived from or related to properties located or used within the City. Gross receipts shall not include amounts derived from or related to properties located or used outside the City.
(Added by Proposition E, App. 11/6/2012, Oper. 1/1/2014; amended by Proposition F, 11/3/2020, Eff. 12/29/2020, Oper. 1/1/2021; Ord. 152-21, File No. 210828, App. 9/29/2021, Eff. 10/30/2021)
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