Wednesday, November 7, 2018
Statement from San Francisco Treasurer José Cisneros on the implementation of new taxes passed by the voters in the November 6th, 2018 election
In 2018, San Francisco voters passed four new taxes, culminating with yesterday’s apparent passage of Propositions C (Additional Business Taxes to Fund Homeless Services) and D (Additional Tax on Cannabis Businesses). I want to assure all San Francisco voters and taxpayers that my office is well-prepared, and we are ready to implement the will of the voters and begin collecting each of these taxes on schedule.
This is an unprecedented number of taxes passed in one year, with limited time for taxpayers to prepare. I recognize that taxpayers and their agents need good quality information about these new taxes so that they can prepare and begin filing and paying. As we did during the implementation of the Gross Receipts and Payroll Expense Taxes passed in 2012, we will host taxpayer seminars on all the business tax measures, and we will publish educational materials and instructions. Taxpayers should continue to consult our website for regular updates: http://sftreasurer.org.
The following taxes were passed in the June 2018 election:
• Prop C “Early Care and Education Commercial Rents Tax”, effective January 1, 2019. Taxpayers may begin paying estimated taxes in 2019, with the first annual filing and payment due in 2020.
• Prop G "Parcel tax for San Francisco Unified School District", already included on tax bills sent to more than 210,000 property owners in October, delinquent after December 10th.
The following taxes were passed in the November 2018 election:
• Prop C “Additional Business Taxes to Fund Homeless Services”, effective January 1, 2019. Businesses may begin paying estimated taxes in 2019, with the first annual filing and payment due in 2020.
• Prop D “Additional Tax on Cannabis Businesses", effective January 1, 2021. Businesses may begin paying estimated taxes in 2021, with the first annual filing and payment due in 2022. Prop D also expands the businesses subject to many of the City’s business taxes, effective January 1, 2019.