Clean Technology Payroll Expense Tax Exclusion
OVERVIEW
The City of San Francisco provides a payroll expense tax exclusion for up to 10 years to clean technology companies located in the City.
TAX CREDITExclusion from the requirement to pay local payroll taxes until 2020.
ELIGIBILITYAny San Francisco-based business that employs less than 100 employees that engages in the development, manufacture, or application of scientific advances that produce or contribute to the production of clean energy, including energy produced by wind, solar energy, landfill gas, geothermal resources, ocean thermal energy conservation, tidal energy conversion, tidal energy, wave energy, biomass, bio-fuels, or hydrogen fuels derived from renewable energy.
NEED ASSISTANCE?
Contact Todd Rufo at 554-5694 or todd.rufo@sfgov.org
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