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File #: 250576    Version: Name: Business and Tax Regulations Code - Tax Rate Changes for Telecommunications Business Activities
Type: Ordinance Status: Passed
Introduced: 6/24/2025 In control: Clerk of the Board
On agenda: 6/24/2025 Final action: 10/6/2025
Enactment date: 10/6/2025 Enactment #: 187-25
Title: Ordinance amending the Business and Tax Regulations Code to reduce the tax rates on gross receipts from telecommunications business activities by moving those activities from Category 5 to Category 4, beginning January 1, 2026, for purposes of the gross receipts tax and the homelessness gross receipts tax; and to retain taxpayers’ eligibility to take the tax credit for opening a physical location in designated areas of the City, as applied to gross receipts from telecommunications business activities.
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. TTX Ltr 052125, 4. Leg Ver2, 5. Leg Dig Ver2, 6. TTX Ltr 060925, 7. PAM Transfer BFC-GAO 073025, 8. BLA Rpt 090425, 9. Comm Pkt 090425, 10. Board Pkt 091625, 11. Board Pkt 093025, 12. Leg Final
Legislation Details
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