• Telecommunications
• Software/Multimedia
• Bioscience/Biotechnology
• Transportation
• Food Processing

Companies that are located in Oakland and active in these industries can now take advantage of a TEN-YEAR Abatement of Oakland’s Business Tax.

All new businesses in the five targeted industries are eligible for a phased-in abatement of their business license tax over a ten year period.

The first year’s tax--called the base fee--is $60, regardless of gross receipts. Each year thereafter, the tax due would equal the base fee plus a percentage of the total tax due, prorated at ten percent over ten years.

In the eleventh year, the company would pay the business tax in full, but no more than a cap of $150,000.

Existing Businesses

Any existing business in one of the targeted industries is also eligible for an abatement of their business tax over a 10-year period.

The company’s business license tax liability in 1998 would become that company’s "benchmark." Over the next ten years, companies would owe only ten percent of any tax due on growth beyond the benchmark. In the eleventh year, the company would pay the full business tax but no more than $150,000.

For more information, contact the City of Oakland’s Business Development Office at (510) 238-6665.

New Businesses to Oakland Pay Only:
$60 (base fee)	In Year 1
$60 + 10% of tax due above base	In Year 2
$60 + 20% of tax due above base	In Year 3
$60 + 30% of tax due above base	In Year 4
$60 + 40% of tax due above base	In Year 5
$60 + 50% of tax due above base	In Year 6
$60 + 60% of tax due above base	In Year 7
$60 + 70% of tax due above base	In Year 8
$60 + 80% of tax due above base	In Year 9
$60 + 90% of tax due above base	In Year 10
Company Pays Full Tax Liability (but, no more than $150,000)	In Year 11

Existing Businesses in Oakland Pay Only:
Benchmark (1998 Tax Liability)	In Year 1
Benchmark + 10% of tax due above benchmark	In Year 2
Benchmark + 10% of tax due above benchmark	In Year 3
Benchmark + 10% of tax due above benchmark	In Year 4
Benchmark + 10% of tax due above benchmark	In Year 5
Benchmark + 10% of tax due above benchmark	In Year 6
Benchmark + 10% of tax due above benchmark	In Year 7
Benchmark + 10% of tax due above benchmark	In Year 8
Benchmark + 10% of tax due above benchmark	In Year 9
Benchmark + 10% of tax due above benchmark	In Year 10
Company Pays Full Tax Liability (but, no more than $150,000)	In Year 11