4 ms·
Many cities offer "butts in seats" tax breaks. I'm not sure about SF to be honest, but I know Seattle has them.
by jedberg 3y ago
Many cities offer "butts in seats" tax breaks. I'm not sure about SF to be honest, but I know Seattle has them.
- Kiro 3y agoThen maybe you shouldn't go around saying it's the entire reason.
- renewiltord 3y agoDo you happen to recall any keywords I could Google. I'm having poor luck with "rto tax breaks" and "butts in seats tax breaks". We've got a bit of Observer Effect here where this HN thread ranks top for those searches haha
- jedberg 3y agoHere is an article about it: https://www.bloomberg.com/news/features/2023-02-21/another-threat-to-work-from-home-tax-breaks https://www.bloomberg.com/news/features/2023-02-21/another-t... Google [Do companies get tax breaks for in person employees] or something like it.
- renewiltord 3y agoI found it with "San Francisco tax incentives business physical space" https://sfstandard.com/business/mayor-breed-introduces-tax-breaks-to-lure-business-back-downtown/ https://sfstandard.com/business/mayor-breed-introduces-tax-b... Looks like for SF it is beating back some of the taxes I mentioned earlier. If you don't have the people in the office, of course, you don't get the tax incentive but you don't get the tax in the first place. In any case, this is actually good since we have an office here and we're all in-office and looking for a new one. That 0.45% might be good.
- dh2022 3y agoSeattle hits you with the "Amazon" tax [1]. Which negates some of these tax breaks. This tax applies to all sorts of businesses - it applies to the mid-company my wife works for. [1] https://www.cnbc.com/2020/07/07/seattle-passes-payroll-tax-targeting-amazon-and-other-big-businesses.html https://www.cnbc.com/2020/07/07/seattle-passes-payroll-tax-t...