Gross Receipts Tax Comparison

Gross Receipts Tax Comparison
Industry
Los Angeles
Culver City
 
Tax Rate
(per $1,000)
% of Revenue
Total Based upon $75 Million in
Tax Rate
% of Revenue
Total Based upon $75 Million in
Professionals and Occupations Businesses
$5.28
0.528%
$396,000
$3.00
0.300%
$225,000

 

Typical 100,000 SF Professional Office Tenant
 
L.A.
Culver City
Savings
Square Footage
100,000
100,000
 
Revenue
$75,000,000
$75,000,000
 
Annual Gross Receipts Tax
$396,000
$225,000
$171,000
Annual Gross Receipts Taxes/SF
$3.96
$2.25
$1.71
Monthly Gross Receipts Taxes/SF
$0.33
$0.19
$0.14