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Payroll Tax Biotechnology Exclusion Worksheet - City And County Of San Francisco - 2006 Page 2

Biotechnology Payroll Tax Exclusion Information

Effective August 12, 2004, the San Francisco Board of Supervisors passed an ordinance

offering a tax exclusion to San Francisco-based businesses engaged in qualifying

biotechnology work.

Businesses located in San Francisco engaged in biotechnology may be exempt from

paying payroll taxes for up to 7.5 years. For these purposes, biotechnology is defined as

“conducting biotechnology research and experimental development, operating

laboratories for biotechnology research and experimental development, using

recombinant DNA, cell fusion, and bioprocessing techniques, as well as the application

thereof to the development of diagnostic products and/or devices to improve human

health, animal health, and agriculture.” For more information on claiming the

Biotechnology Tax Exclusion, contact the Office of the Treasurer & Tax Collector at

(415) 554-4400.

Note: Outside contractors providing support services not related to research and

development to biotechnology companies (e.g., janitorial, training, laundry, construction,

etc.) will not qualify for this tax exclusion. Further information regarding this ordinance

can be viewed in the “Business and Tax Regulations Code” section of the San Francisco

Municipal Code (Article 12-A, Sec. 906.1.), located online at:

Payroll Tax Biotechnology Exclusion Worksheet - City And County Of San Francisco - 2006 Page 2