San Francisco County Municipal Code § 953.25 Gross Receipts

BUSINESS ACTIVITIES. (a) The gross receipts tax rates applicable to Category 6 Business Activities are: (1) For tax years 2025 and 2026: 1.5% for taxable gross receipts between $0 and $1,000,000 1.5% for taxable gross receipts between $1,000,000.01 and $2,500,000 3% for taxable gross receipts between $2,500,000.01 and $25,000,000 2.352% for taxable gross receipts between $25,000,000.01 and $50,000,000 3.024% for taxable gross receipts between $50,000,000.01 and $75,000,000 3.024% for taxable gross receipts between $75,000,000.01 and $100,000,000 3.36% for taxable gross receipts between $100,000,000.01 and $150,000,000 3.36% for taxable gross receipts between $150,000,000.01 and $250,000,000 3.36% for taxable gross receipts between $250,000,000.01 and $500,000,000 3.36% for taxable gross receipts between $500,000,000.01 and $1,000,000,000 3.36% for taxable gross receipts over $1,000,000,000 (2) For tax year 2027: 1.56% for taxable gross receipts between $0 and $1,000,000

1.56% for taxable gross receipts between $1,000,000.01 and $2,500,000 3.12% for taxable gross receipts between $2,500,000.01 and $25,000,000 2.492% for taxable gross receipts between $25,000,000.01 and $50,000,000 3.204% for taxable gross receipts between $50,000,000.01 and $75,000,000 3.204% for taxable gross receipts between $75,000,000.01 and $100,000,000 3.56% for taxable gross receipts between $100,000,000.01 and $150,000,000 3.56% for taxable gross receipts between $150,000,000.01 and $250,000,000 3.56% for taxable gross receipts between $250,000,000.01 and $500,000,000 3.56% for taxable gross receipts between $500,000,000.01 and $1,000,000,000 3.56% for taxable gross receipts over $1,000,000,000 (3) For tax years beginning on or after January 1, 2028: 1.607% for taxable gross receipts between $0 and $1,000,000 1.607% for taxable gross receipts between $1,000,000.01 and $2,500,000 3.214% for taxable gross receipts between $2,500,000.01 and $25,000,000 2.601% for taxable gross receipts between $25,000,000.01 and $50,000,000 3.344% for taxable gross receipts between $50,000,000.01 and $75,000,000 3.344% for taxable gross receipts between $75,000,000.01 and $100,000,000 3.716% for taxable gross receipts between $100,000,000.01 and $150,000,000 3.716% for taxable gross receipts between $150,000,000.01 and $250,000,000 3.716% for taxable gross receipts between $250,000,000.01 and $500,000,000 3.716% for taxable gross receipts between $500,000,000.01 and $1,000,000,000 3.716% for taxable gross receipts over $1,000,000,000 (b) “Category 6 Business Activities” means one or more of the business activities described in NAICS codes 521 (Monetary Authorities-Central Bank), 5221 (Depository Credit Intermediation), 523 (Securities, Commodity Contracts, and Other Financial Investments and Related Activities), and 525 (Funds, Trusts, and other Financial Vehicles). (c) The amount of taxable gross receipts from Category 6 Business Activities subject to the gross receipts tax shall be three-quarters of the amount determined under Section 956.1 plus one-quarter of the amount determined under Section 956.2. (Added by Proposition M, 11/5/2024, Eff. 12/20/2024)