Reply to post: "this gobbledygook "

San Francisco approves 'CEO tax', hopes to extract up to $140m a year from corps with wide exec-staff salary gap

diodesign (Written by Reg staff) Silver badge

"this gobbledygook "

Ah, it's not. Gross receipts and work attributable to the city are defined things in SF city tax code, so if in doubt: consult your tax lawyer. We have one in San Francisco who does our taxes for us.

When Google fills in its taxes for the city -- it has an office on Spear St -- it will declare its gross receipts attributable to the city and the city will tax them on it. This boils down to:

* Receipts involving property, of multiple kinds, and sales and services in the city

* Payroll in the city

If it feels complex, it is. It's tax law. See https://sfgov.org/sfc/san-francisco-gross-receipts-tax for info.

Edit: I've added a link to more details on GR tax in the article.

C.

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