Tuesday, November 30 2010, 12:00pm - 1:30pm
In 2004, the City passed an unprecedented payroll expense tax exclusion for biotechnology companies in San Francisco. In May of this year, this program was extended. The Biotechnology Payroll Expense Tax Exclusion extension included changes in the process for applying for the exclusion, changes in reporting and the inclusion of a workforce component. The purpose of this workshop is to: (1) describe the changes to the program, (2) walk through the application process (for new firms) and the renewal process (for firms already taking advantage of the payroll expense tax exclusion), and (3) answer any questions companies may have. Representatives from all of the key City departments involved with the Biotechnology Payroll Expense Tax Exclusion program will be attending.
Attendees will include: All biotech companies, currently utilizing this program or considering applying for the Biotechnology Payroll Expense Tax Exclusion, as well as tax preparers and consultants who work with the biotech industry, are encouraged to attend. Businesses wishing to apply or renew for the Biotechnology Payroll Expense Tax Exclusion must submit their completed application or renewal by January 31, 2011 for the previous calendar year. If you are not able to attend, details on the program including a step-by-step guide for applying/renewing and the required forms are available at: http://oewd.org/Biotechnology-Payroll-Tax-Exclusion.aspx Special thanks to QB3 for hosting the workshop and providing lunch. Mission Bay Campus Map: http://www.ucsf.edu/pdf/maps/ucsf_mission_bay.pdf Background on the Biotech Payroll Expense Tax Exclusion Program: http://oewd.org/Biotechnology-Payroll-Tax-Exclusion.aspx LocationHelen Diller Family Cancer Research Building - Bakar Auditorium: 1450 3rd Street, San FranciscoContact InformationRSVP: linda.eng@qb3.org; Questions: todd.rufo@sfgov.org |
