And certain tablths organizations like those businesses that are locally known as nonprofits etc. They are exempted from the gross receipt tax to the extent they dont have related business income if the irs treats it as something thats exempted. And then there are unconstitutional legally organizations those are essentially folks under state law we cant tax because the state law prevents them like banks and Insurance Companies and there are also businesses that are regulated by the Public Utilities commissions and those are specific exemptions in the law we cant tax them because they have stated exemptions. I mentioned related entities and annoyed returns so if there recent a taxpayer that is required or permitted by the Franchise Tax Broadway Broadway board their locally to five a local return for their tax. This is a state concept thats been implemented so the businesses all report together. And this is a concept where the businesses if not the owners certain their tax perpers will k
Information we have the power to audit. You know, thats a possibility as well. I know that the treasure Tax Collector over the years has done with starting with susan to really try to rein in the parking lot operators and audit them. But absolutely people can be dishonest and violate the law and we deal with them this is Additional Information to use in their audit thats true in addition to the information. Any other commissioner comments. Do we have a motion . I dont see any fundamental reason to not approve the legislation as drafted ill move we approve it. Second and i appreciate what the gentleman from the taerments said. Commissioner president adams. Commissioner riley commissioner riley. Commissioner white. The motion passes unanimously with 5 votes thank you, supervisor. Next item is item 7 prelims of the gross receipts tax and we have a staff presentation from the Tax Collector. A change is coming. The first slide. Thank you. Good afternoon. Im greg im with the office of the tr
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