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

Publication Date: June 2010

Publisher: Economic Opportunity Institute

Author(s): Marilyn Watkins; John Burbank

Research Area: Banking and finance; Business

Keywords: taxes; small business

Type: Fact sheet


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.