Commercial Landlordsġ Incremental tax rates are applicable per square foot.Ģ As prescribed in San Jose Municipal Code Section 4.76.450, the base tax rate shall be adjusted annually if the cost of living in the City has increased over the preceding base period as shown by the Consumer Price Index (All Urban Consumers for All Items for the San Francisco-Oakland-San José Area) using February to February data limited to 1.5% per year on the minimum base tax, 3.0% per year on the incremental tax brackets, and 3.0% per year on the cap. Commercial (Non-Residential) Rental Property UnitsĮvery person in the City engaged in the business of renting or leasing any nonresidential real estate shall pay a business tax based on the square footage of space held for rental, unless the basis of the tax is otherwise prescribed in the San José Municipal Code. RESIDENTIAL LANDLORDS: RENTAL UNITSġ Incremental tax rates are applicable per unit.Ģ As prescribed in San Jose Municipal Code Section 4.76.450, the base tax rate shall be adjusted annually if the cost of living in the City has increased over the preceding base period as shown by the Consumer Price Index (All Urban Consumers for All Items for the San Francisco-Oakland-San José Area) using February to February data limited to 1.5% per year on the minimum base tax, 3.0% per year on the incremental tax brackets, and 3.0% per year on the cap. Residential Rental Property UnitsĮvery person in the City engaged in the business of renting or leasing any residential real estate shall pay a business tax based on the number of rental units held for rental, unless the basis of the tax is otherwise prescribed in the San José Municipal Code. Businesses: Employee Count 1ġ "Employee" means each and every person engaged in the operation or conduct of any business, whether as owner, member of the owner's family, partner, associate, agent, manager or solicitor, and each and every other person employed or working in such business for a wage, salary, commission or room and board.Ģ Incremental tax rates are applicable per employee.ģ As prescribed in San Jose Municipal Code Section 4.76.365, the base tax rate shall be adjusted annually if the cost of living in the City has increased over the preceding base period as shown by the Consumer Price Index (All Urban Consumers for All Items for the San Francisco-Oakland-San José Area) using February to February data limited to 1.5% per year on the minimum base tax, 3.0% per year on the incremental tax brackets, and 3.0% per year on the cap. Employee CountĮvery person engaged in business in the City shall pay a business tax based on employee count 1, unless the basis of the tax is otherwise prescribed in the San José Municipal Code. In addition to the rates shown below, a $4 state-imposed fee ( SB-1186) is annually applied to all non-exempt business tax accounts. The following charts present the business tax rate structure along with the current and inflation adjusted rate to be effective July 1, 2023.
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