The City's Business Cooperation Program lowers the cost of doing business in San Diego and prevents the annual loss of millions of dollars in sales and use tax revenue due to misallocation. These losses include taxes paid by San Diego purchasers and sales taxes collected by firms operating in the City of San Diego.
Financial incentives encourage businesses and nonprofit corporations with significant equipment expenditures to take part in the program, thereby allocating sales and use taxes to the City. This increases the City's General Fund revenues used to provide a variety of services that support the business community, such as infrastructure, public safety and fire protection.
The Business Cooperation Program can provide a tax rebate of 25 percent of the local 1 percent sales or use tax paid in connection with San Diego-based operations.
For information about Business Cooperation Program, please contact Divian Contreras at 619-533-6199 or [email protected].