Share to Facebook Share to Twitter Bookmark and Share
File #: 200539    Version: 1 Name: Settlement of Lawsuit - Square, Inc. - $7,017,894.75
Type: Ordinance Status: Passed
Introduced: 6/2/2020 In control: Clerk of the Board
On agenda: 6/2/2020 Final action: 7/31/2020
Enactment date: 7/31/2020 Enactment #: 120-20
Title: Ordinance authorizing partial settlement of the lawsuit filed by Square, Inc. against the City and County of San Francisco for $7,017,894.75; the lawsuit was filed on September 6, 2019, in San Francisco County Superior Court, Case No. CGC-19-579061; entitled Square, Inc. v. City and County of San Francisco et al.; the lawsuit involves a claim for a refund of gross receipts taxes paid to the City and County of San Francisco; other material terms of the settlement are: (1) the partial resolution of all claims for refund of gross receipts taxes, payroll expense taxes, and business registration fees filed by Square, Inc. and its related entities for tax years 2016 through 2018 and registration years ending June 30, 2016, through June 30, 2020; and (2) the agreement that Square, Inc. and its related entities shall take certain filing positions with respect to its gross receipts taxes, homelessness gross receipts taxes, payroll expense taxes, and business registration fees for tax years 2019 and subsequent years and registration years ending June 30, 2021, and subsequent years.
Attachments: 1. Leg Ver1, 2. Comm Pkt 070220, 3. Board Pkt 071420, 4. Board Pkt 072120, 5. Leg Final
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.