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Government

Oct. 31, 2024

IBM sues San Francisco seeking tax refund

Attorneys for the company claim that San Francisco overcharged it for two separate taxes and should have refunded the money following a settlement agreement earlier this year.

IBM sued the City and County of San Francisco this week over $2.1 million in taxes it allegedly overpaid between 2019 and 2020 that were the subject of a settlement agreement earlier this year.

The company claims that San Francisco overcharged it for two separate taxes: a gross receipts tax, which includes a Homelessness Gross Receipts Tax, upon every person engaged in business within the city; and a payroll expense tax on persons engaged in business in the city. International...

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