After calculating my business license tax as a new business owner, my gross receipts were less than estimated. When I renew can I take a credit on my current years tax?
No. You must still pay based on your gross receipts for the prior year, and you may not offset your current taxes with a credit. 10. If my tenant sub-leases the unit, is he/she also responsible for paying a business license tax. Yes. When you receive the notice you should advise the Business License Division that the property is being sub-leased and the name of your tenant (lessee) so that we may send them a courtesy notice.
Related Questions
- After calculating my business license tax as a new business owner, my gross receipts were less than estimated. When I renew can I take a credit on my current years tax?
- My business entity generates gross receipts from locations both within and outside of Santa Ana. How is its business license taxes assessed?
- What is considered gross receipts for a business license?
