San Luis Obispo Municipal Code Art. II Tax Amounts

The amount of the business tax to be paid by the applicant is to be measured by gross receipts from the preceding completed calendar or fiscal year. For a new business, which has no gross receipt history, the applicant is required to pay the minimum tax. (Ord. 1202 § 2, 1991)

The tax rate for all businesses shall be fifty cents per thousand dollars of gross receipts. This rate shall be applied in thousand-dollar increments, and gross income shall be rounded to the next highest thousand-dollar interval for the computation of the business tax. (Ord. 1202 § 2, 1991)

The minimum tax which shall be paid by any business will be twenty-five dollars ($25.00), which represents the minimum cost to the city of issuing or renewing the certificate. (Ord. 1202 § 2, 1991)