San Francisco County Municipal Code § 953.6 Gross Receipts

SERVICES; INSURANCE; AND PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES. (a) The gross receipts tax rates applicable to the business activities of financial services; insurance; and professional, scientific and technical services are: (1) For tax years beginning on or after January 1, 2018 and ending on or before December 31, 2020: 0.4% (e.g., $4 per $1,000) for gross receipts between $0 and $1,000,000 0.46% (e.g., $4.60 per $1,000) for gross receipts between $1,000,001 and $2,500,000 0.51% (e.g., $5.10 per $1,000) for gross receipts between $2,500,001 and $25,000,000 0.56% (e.g., $5.60 per $1,000) for gross receipts over $25,000,000 (2) For the business activity of insurance: (A) For tax year 2021: 0.56% (e.g., $5.60 per $1,000) for taxable gross receipts between $0 and $1,000,000 0.644% (e.g., $6.44 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000 0.714% (e.g., $7.14 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000 0.784% (e.g., $7.84 per $1,000) for taxable gross receipts over $25,000,000 (B) For tax years 2022 and 2023: 0.58% (e.g., $5.80 per $1,000) for taxable gross receipts between $0 and $1,000,000 0.667% (e.g., $6.67 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000 0.74% (e.g., $7.40 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000 0.812% (e.g., $8.12 per $1,000) for taxable gross receipts over $25,000,000 (C) For tax year 2024: 0.6% (e.g., $6 per $1,000) for taxable gross receipts between $0 and $1,000,000 0.69% (e.g., $6.90 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000 0.765% (e.g., $7.65 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000 0.84% (e.g., $8.40 per $1,000) for taxable gross receipts over $25,000,000 (3) For the business activities of financial services and professional, scientific and technical services: (A) For tax year 2021: 0.56% (e.g., $5.60 per $1,000) for taxable gross receipts between $0 and $1,000,000 0.644% (e.g., $6.44 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000 0.714% (e.g., $7.14 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000 0.784% (e.g., $7.84 per $1,000) for taxable gross receipts over $25,000,000 (B) For tax years 2022 and 2023: 0.6% (e.g., $6 per $1,000) for taxable gross receipts between $0 and $1,000,000 0.69% (e.g., $6.90 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000 0.765% (e.g., $7.65 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000 0.84% (e.g., $8.40 per $1,000) for taxable gross receipts over $25,000,000 (C) For tax year 2024: 0.62% (e.g., $6.20 per $1,000) for taxable gross receipts between $0 and $1,000,000

0.713% (e.g., $7.13 per $1,000) for taxable gross receipts between $1,000,000.01 and $2,500,000 0.791% (e.g., $7.91 per $1,000) for taxable gross receipts between $2,500,000.01 and $25,000,000 0.868% (e.g., $8.68 per $1,000) for taxable gross receipts over $25,000,000 (b) Financial services includes the activities of engaging in or facilitating financial transactions; it includes business activities described in NAICS codes 521, 522 and 523. (c) Insurance includes the activities of facilitating or supporting the pooling of risk by underwriting insurance and annuities; the activities covered by this Section include those of persons not exempt from the gross receipts tax based on business activities described in NAICS code 524. (d) Professional, scientific and technical services includes the activity of providing for others, specialized professional, scientific, or technical services that require a high degree of expertise and training; it includes business activity described in NAICS code 54. (e) The amount of gross receipts from the activities described in this Section subject to the gross receipts tax shall be the amount determined under Section 956.2. (Added by Proposition E, App. 11/6/2012, Oper. 1/1/2014; amended by Proposition F, 11/3/2020, Eff. 12/29/2020, Oper. 1/1/2021; Ord. 152-21, File No. 210828, App. 9/29/2021, Eff. 10/30/2021; Proposition M, 11/5/2024, Eff. 12/20/2024)