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October 27, 2020 Comments Off on San Francisco’s Entertainment, Nightlife Businesses Granted Relief Views: 1019 Bay Area, California News, Top California

San Francisco’s Entertainment, Nightlife Businesses Granted Relief

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San Francisco will provide $2.5 million in support for entertainment and nightlife venues in the form of additional fee and tax waivers. City Mayor London N. Breed and Treasurer José Cisneros indicated these businesses have been in large part unable to open due to COVID-19 and need assistance now.

Mayor Breed says, “We need to do more to support those businesses that contribute to San Francisco’s unique and vibrant culture, which is a cornerstone for our economic recovery as a city. As we recover and keep up our progress on reopening, we want to make sure these businesses are still around to bring music, performances and excitement, as well as provide jobs for so many.”

The City will provide financial relief for roughly 300 businesses that are permitted as entertainment venues and that have gross receipts of less than $20 million, representing a total of about $2.5 million in support for these businesses. Relief will be provided by waiving these businesses’ regulatory license fees and Business Registration Fees for two years and by waiving their Payroll Expense Taxes for 2020. This is a fee waiver, not a deferral, so businesses will not have to pay back these fees at a later date. Businesses will still be required to file all business tax returns.

Meanwhile, a group of California restaurants filed claims on Monday against the state and against the counties of Los Angeles, Orange, Sacramento, San Diego and Monterey seeking to recover more than $100 million in fees for liquor and health permits and tourism charges. The group says they were hit with assessments even though COVID-19 orders caused them to close businesses, or they were operating on a limited basis. Additional claims are expected to be filed soon for restaurants in San Francisco and in Fresno and Placer counties.

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