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Initiative 1098: What is Considered a 'Small Business'?

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Publication Date: June 2010

Publisher(s): Economic Opportunity Institute

Author(s): Marilyn Watkins; John Burbank

Series:

Special Collection:

Topic: Banking and finance (Taxation and tax policy)
Business (Business finance)

Keywords: taxes; small business

Type: Fact sheet

Abstract:

If passed, Initiative 1098 would eliminate the business and occupation (B&0) tax for all small businesses -- but what is considered a small business? This fact sheet answers those questions and more, from exact tax rates and exemption levels to examples of which businesses would be exempt.