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California: City of Oakland Voters Approve a New Progressive Business Tax Rate Structure
Measure T, approved by voters 11/8/22. In California’s recent election held on November 8, the City of Oakland (City) voters approved a measure that repeals the existing Oakland Business Tax and replaces it with a new gross receipts tax incorporating a progressive tax rate structure ranging from .05% to .55% of Oakland gross receipts. The new ordinance also makes other changes, both procedural and substantive, including revised penalty rates, appoints the City Administrator to administer the tax and issue rulings, provides an appeals process to an appointed board, and substitutes a payroll tax in lieu of the receipts tax for certain businesses. Please contact us with any questions.
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