City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
080831
Name:
Payroll Expense Tax
Status:
Type:
Ordinance
Killed
File created:
In control:
6/10/2008
Government Audit and Oversight Committee
On agenda:
Final action:
7/21/2008
Enactment date:
Enactment #:
Title:
Ordinance submitting to the voters an ordinance amending the Business and Tax Regulations Code
by (1) amending Section 902.1 and adding Section 902.2 to clarify the tax liability of "pass through
entities" under the Payroll Expense Tax Ordinance, including partnerships, Subchapter S
corporations, limited liability companies, limited liability partnerships and other persons or entities not
subject to federal income tax or which are allowed a deduction in computing such tax for distributions
to the owners or beneficiaries of such persons or entities and specifying safe harbor measure of
taxable payroll expense for owners of pass through entity (80% of net earnings from self-
employment); and (2) amending Section 905-A to increase the Small Business Tax Exemption to
include all taxpayers whose taxable payroll expense is $250,000 or less.
Sponsors:
Aaron Peskin
Attachments:
1. Legislation_Ver1, 2. Legislation_Ver2
Action By
Date
Action
Result
Ver.
ASSIGNED UNDER 30 DAY RULE
President
6/10/2008
1
DIVIDED
Government Audit and Oversight
Committee
7/14/2008
1
CONTINUED AS AMENDED
Government Audit and Oversight
Committee
7/14/2008
2
Pass
TABLED
Government Audit and Oversight
Committee
7/21/2008
2
Pass