2015 Payroll Expense Tax Rate, Gross Receipts Tax Adjustment
On August 28 the San Francisco Controller calculated and published the San Francisco Gross Receipts Tax Adjustment and Payroll Expense Tax rate for tax year 2015 (January 1 to December 31).
- The Gross Receipts Tax Adjustment will remain at 25% of the rate passed by voters.
- The 2015 Payroll Expense Tax rate is 1.162% (0.01162). This rate will be used to calculate the Payroll Expense Tax for the entire tax year 2015 when businesses file their annual tax return due February 29, 2016.
For more information about Gross Receipts and Payroll Tax Expense visit the website of the SF Treasurer’s Office.