Tuesday, June 8, 2010

New Tax Proposals Introduced by San Francisco Board of Supervisors

BOMA San Francisco Members:

On June 8, 2010, members of the Board of Supervisors introduced three tax proposals that have a high probability of being placed on the November 2, 2010 ballot in some form:
  • Commercial Rent Tax (Supervisor David Chiu)
    • Click here to review the proposal.
    • This ordinance closely parallels the first of two alternatives to the current payroll tax as suggested by the Controller's final report on this topic.  Click here to read the final report and for more detailed coverage of the commercial rent tax issue.
  • Real Estate Transfer Tax Increase (Supervisor John Avalos)
    • Click here to review the proposal.
  • Parking Tax Increase (Supervisor Ross Mirkarimi)
    • Click here to review the proposal.
We welcome your feedback on these tax measures.  Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

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