4 ms·
Here's the actual proposal: https://sfgov.legistar.com/View.ashx?M=F&ID=7216619&GUID=22E765B8-90CC-45B5-9BC7-87E7C576F907 https://sfgov.legistar.com/View.ashx?M
by varenc 7y ago
Here's the actual proposal: https://sfgov.legistar.com/View.ashx?M=F&ID=7216619&GUID=22E765B8-90CC-45B5-9BC7-87E7C576F907 https://sfgov.legistar.com/View.ashx?M=F&ID=7216619&GUID=22E...
It's very clearly targetting Uber's IPO by retroactively applying the tax to May 7th. Though even the legislation seems uncertain that's legal.
It has a provision that if retroactive taxation is "held to be invalid or unconstitutional by a decision of a court of competent jurisdiction" then it will apply as soon as the new law is introduced...which seems the more usual way of doing things.
(Was a pain to find...none of the news coverage linked to it.)