Create new wholesale business tax category with lower rates
In Plain English
Wholesale businesses currently pay the same tax rate as retail stores, but voter-approved law technically excludes them from that category. The new wholesale tax classification fixes this oversight with lower rates that better reflect wholesale profit margins. If approved, the city loses about $10,000 in annual business tax revenue.
Auto-generated summary. Source: official agenda documents.
Public Comments
1 public comment — 1 spoken
- Katrinka RukEmail
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