Articles
Heads Up, Santa Clara
Silicon Valley Business Journal
by Troy Wolverton
City voters may vote this fall on a per employee tax on companies.
If it passes, Inte; Corp.'s yearly tax could rise from $500 to $1.2 million.
COMING TO A HEAD?
SANTA CLARA IS THE LATEST SILICON VALLEY CITY TO RECONSIDER THE WAY IT TAXES COMPANIES AND THE RATES IT CHARGES.
Santa Clara could become the next Silicon Valley city to revise how it imposes taxes on companies operating within its boundaries.
SANTA CLARA IS THE LATEST SILICON VALLEY CITY TO RECONSIDER THE WAY IT TAXES COMPANIES AND THE RATES IT CHARGES.
Santa Clara could become the next Silicon Valley city to revise how it imposes taxes on companies operating within its boundaries.
Santa Clara Mayor Lisa Gillmor has said a head tax would be a "last resort," but city staff, under her direction, are moving forward with preparing a ballot measure on the issue for the November election.
Right now, businesses ranging from mom-and-pop stores to global giants such as Intel Corp. and Nvidia Corp. pay an annual levy of no more than $500 to the city.