§ 953.1.

GROSS RECEIPTS TAX APPLICABLE TO RETAIL TRADE; WHOLESALE TRADE; AND CERTAIN SERVICES

a.

The base gross receipts tax rate provided by this Section is applicable to the business activities of retail trade, wholesale trade, and certain services. Commencing on the operative date of the Gross Receipts Tax Ordinance, the Controller shall compute the tax rate in accordance with Section 959, but the base tax rate provided by this Section is:

0.075% (e.g., $0.75 per $1,000) for gross receipts between $0 and $1,000,000

0.100% (e.g., $1 per $1,000) for gross receipts between $1,000,001 and $2,500,000

0.135% (e.g., $1.35 per $1,000) for gross receipts between $2,500,001 and $25,000,000

0.160% (e.g., $1.60 per $1,000) for gross receipts over $25,000,000

b.

Retail trade includes the activity of retailing any type of personal property, generally without significantly transforming its characteristics, and rendering services incidental to the retail sale of property; it includes business activity described in NAICS codes 44 and 45.

c.

Wholesale trade includes the activity of wholesaling property, generally without transformation, and rendering services incidental to the sale of property on a wholesale basis; it includes business activity described in NAICS code 42.

d.

Certain services includes the repair and maintenance services, personal and laundry services, and religious, grantmaking, civic, professional and similar organizations that are not otherwise exempt; it includes business activity described in NAICS codes 811, 812 and 813.

e.

The amount of gross receipts from retail trade activities and from wholesale trade activities 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.

f.

The amount of gross receipts from certain services activities subject to the gross receipts tax shall be the total amount determined under Section 956.2.

History

(Added by Proposition E, App. 11/6/2012, Oper. 1/1/2014)

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