Business Tax Reform
San Francisco's business tax structure is facing new challenges and is in need of reform. Mayor Breed and Board President Peskin have asked the Treasurer, Controller, and Chief Economist to review the City's current business tax structure and develop recommendations for needed reforms.
The Process
Analysis of New Tax System Risks
A report issued in July 2023 by Treasurer José Cisneros, Controller Ben Rosenfield, and the City’s Chief Economist Ted Egan analyzed the key vulnerabilities of San Francisco’s business tax system in the context of our post-pandemic recovery.
Researching Options
At the request of Mayor Breed, President Peskin, and Supervisor Mandelman, the Treasurer, Controller, and Chief Economist are conducting a process this summer and fall with the business community and other stakeholders to develop specific reform recommendations. Complete this form if you are interested in receiving project updates or learning more.
Finalizing Recommendations
The project will conclude with a public report back to the Mayor and Board of Supervisors by late 2023, to frame the development of a measure for the consideration of the voters in November 2024.
Helpful Resources
Press Release
Press Release
City business tax analysis released today highlights key areas of focus for 2024 tax reform as the City works to revitalize Downtown and address challenges brought by the persistence of remote work
July 12, 2023
Business Tax Letter of Inquiry
Business Tax Letter of Inquiry
In October 2022, Supervisor Rafael Mandelman requested a study of how the City’s business tax system is being challenged by recent trends towards remote work. Read the full report.
Other Project Updates & Materials
Other Project Updates & Materials
Updates and other materials will be posted here as they become available.
Want to Get Involved?
Please complete this form if you are interested in learning more, providing feedback, or receiving project updates.
About
San Francisco's business tax structure is facing new challenges and is in need of reform. Mayor Breed and Board President Peskin have asked the Treasurer, Controller, and Chief Economist to review the City's current business tax structure and develop recommendations for needed reforms.