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Two CA CPAs explain the San Francisco Gross Receipts Tax, or the California Business Tax and what it mean to taxpayers and hedge funds.

Proposition E: New San Francisco, California Business Tax

On November 6, 2012, San Francisco, California voters passed Proposition E, the San Francisco Gross Receipts Tax on Business.  Partner Paul Bleeg, CPA and senior manager Stenly Song, CPA have written an article outlining the change and what it means to taxpayers, particularly in the financial services industry. Find out more details on the impact of Proposition E, its definitions, and particularly the ramifications for hedge funds and management companies in our article New San Francisco California Business Tax.

 

Paul Bleeg is a Tax Partner responsible for overseeing tax compliance and planning in the firm’s Personal Wealth Advisors Group, as well as authoring tax research memorandums on various individual, partnership, corporate and non-profit issues.

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