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Committee approves amendment to business and tax code changes to align penalties and filing dates
Summary
The committee moved an ordinance forward amending the Business and Tax Regulations Code to streamline collection after Proposition E: reestablishing a May 31 business registration due date, changing late penalties to a $100 minimum plus staged percent increases, eliminating a roofer vehicle tag in favor of carrying registration, and harmonizing delinquent-interest rules.
The Budget & Finance Committee voted to advance an ordinance making administrative changes to the Business and Tax Regulations Code intended to align collection practices created by Proposition E and other code updates. Chair Mark Farrell moved approval of an amendment and to forward the ordinance as amended; the motion carried "without opposition."
Greg Cotto of the Office of the Treasurer and Tax Collector summarized the package as largely administrative, aimed at simplifying tax collection and enforcement after the city enacted a new gross-receipts tax under Proposition E. He told the committee the…
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