§ 956.1.

ALLOCATION OF RECEIPTS FROM REAL, PERSONAL, TANGIBLE AND INTANGIBLE PROPERTY

a.

For all persons required to determine an amount of gross receipts pursuant to this Section, that amount shall be all non-exempt gross receipts within the City as determined hereunder.

b.

Gross receipts from the sale, lease, rental or licensing of real property are in the City if the real property is located in the City.

c.

Gross receipts from sales of tangible personal property are in the City if the property is delivered or shipped to a purchaser within the City regardless of the f.o.b. point or other conditions of the sale.

d.

Gross receipts from the rental, lease or licensing of tangible personal property are in the City if the property is located in the City.

e.

Gross receipts from services are in the City to the extent the purchaser of the services received the benefit of the services in the City.

f.

Gross receipts from intangible property are in the City to the extent the property is used in the City. In the case of financial instruments, sales are in the City if the customer is located in the City.

History

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

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