Concord Voters To Decide On Business Tax Changes Under Measure O

Measure O aims to simplify Concord's business tax structure

Concord voters will be asked in November whether to approve an update to the city’s decades-old business tax structure that backers say places a bigger financial burden on small businesses. According to the city, Measure O simplifies Concord’s nearly 40-year-old business license tax structure to ensure smaller local businesses do not pay a higher percentage […]

Concord Voters To Decide On Business Tax Changes Under Measure O

Concord voters will decide in November whether to approve Measure O, which would update the city’s business license tax structure established in 1978. The measure would create a uniform tax rate of $1 per $1,000 in gross receipts for businesses taxed on that basis, replacing the current tiered system. According to the city, the change would reduce the disproportionate tax burden on smaller businesses and generate approximately $2.9 million annua…