City & County of San Francisco Incentives

Central Market Street & Tenderloin Payroll Tax Exclusion

The Central Market/Tenderloin Payroll Tax Exclusion (CMTPTE) exempts businesses located within the defined exclusion area from additional payroll tax as they add new jobs during any six years in an eight-year period. This exemption area encompasses 73 office buildings with 3.3 million square feet of space. The effective date of the CMTPTE is April 20, 2011 and is available for an 8 year period. Any business, within the specified area, that is subject to payroll tax is eligible for enrollment in the program and is able to claim the exclusion for a maximum of 6 years. Central Market Street & Tenderloin Area Payroll Expense Tax Exclusion

Stock Based Compensation Payroll Expense Tax Exclusion

Eligible taxpayers may exclude from taxation stock-based compensation for the most influential and technologically advanced companies for tax years 2011-2017.  Stock Based Compensation Payroll Expense Tax Exclusion

GreenFinanceSF – Commercial (PACE)

The City of San Francisco in partnership with the Clinton Climate Initiative and the San Francisco Department of the Environment recently launched the new GreenFinanceSF-Commercial program. This initiative is a Property Assessed Clean Energy (PACE) program that provides access to new forms of financing for commercial building owners. The program utilizes the “open market” PACE program, enabling the property owner to hire a contractor for implementation of an energy efficient retrofit while private investors compete to provide funding for the project. The goal of the GreenFinanceSF initiative is to reduce the corporate carbon emissions within San Francisco, as well as create jobs and conserve energy.  GreenFinanceSF

GoSolarSF

To encourage more installations of solar power in San Francisco, the City is offering incentives to San Francisco residents and businesses to install solar power on their properties. One solar incentive is available per electric meter for business, residential and non-profit non-residential incentive applications. For non-profit residential incentive applicants, one solar incentive is available per service site. GoSolarSF

Clean Technology Tax Exclusion

San Francisco offers a local Payroll Tax Exclusion for up to 10 years until 2020 for qualified businesses with less than 100 employees. Firms engaged in production, installation and related clean energy development may qualify. Clean Technology Business Exclusion and Credit

Film Production – Scene in SF Program

San Francisco offers a refund on all San Francisco Payroll Tax and City fees up to the amount of $600,000 during production within San Francisco of a feature film, television program or pilot. Rental and other operation costs used to borrow San Francisco landmarks and properties in production may also qualify for refunds. Film Production in San Francisco