| Settled | |
|---|---|
| $165,000 $120,000 $140,000 $80,000 $70,000 $70,000 |
$15,000 $5,000 $36,000 $19,500 $4,000 $7,500 |
San Francisco Bay Area Taxes
| Property Tax | Real-estate (secured property) taxes are set for the 2003-2004 roll year at $1,117 per $100 of full value as determined by the last assessment or as reassessed at the time of sale. The tax rate for personal property (unsecured property) is $1,1124 per $100 |
| Retail Sales Tax | Sales and use-tax is 8.25 percent. Prescriptions and public utilities are not subject to the sales tax |
| State Personal Income Tax | 1 percent to 9.3 percent of net income on a graduated scale |
| Enterprise Zone Tax Credit | Businesses located in the Enterprise Zone may receive both local and state tax credits. State benefits include hiring-tax credits for qualified employees for five years; 8.5 percent sales and use-tax credits for manufacturing equipment and machinery; net operating loss carry-over for 15 years; and other incentives. City-sponsored Enterprise Zone benefits include a 10-year payroll-tax credit for hiring qualified employees (including a 100 percent credit in the first two years); permit streamlining; working-capital loan guarantee program; and facade-improvement loans |
| Utility User Tax | 7.5 percent on telephones and other utilities |
| Commercial Off-Street Parking Tax | 25 percent on net income or 20 percent on gross receipts |
| Hotel Room Tax | 14 percent |
