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Ordinance#210557Passed
In plain English
The ordinance authorizes a settlement of $2,625,000 to Square, Inc. for lawsuits regarding refunds of gross receipts taxes. As part of the settlement, Square, Inc. agrees not to pursue certain tax filing positions for the years 2019 and 2020.
Ordinance authorizing settlement of the lawsuits filed by Square, Inc. against the City and County of San Francisco for $2,625,000; the lawsuits were filed on September 6, 2019, and August 18, 2020, in San Francisco County Superior Court, Case Nos. CGC-19-579061 and CGC-20-586039; both entitled Square, Inc. v. City and County of San Francisco et al.; the lawsuits both involve claims for a refund of gross receipts taxes; other material terms of the settlement are the agreement that Square, Inc. and its related entities will not take certain filing positions with respect to their gross receipts taxes for tax years 2019 and 2020.
How it got here
Document trail
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How they voted
FINALLY PASSED
Board of Supervisors ยท Jul 20, 2021Pass
4-0
PASSED ON FIRST READING
Board of Supervisors ยท Jul 13, 2021Pass
4-0
RECOMMENDED
Government Audit and Oversight Committee ยท Jul 1, 2021Pass
2-0
Legislative journey
Clerk of the BoardMay 12, 2021
ยทRECEIVED FROM DEPARTMENT
PresidentMay 25, 2021
โRECEIVED AND ASSIGNED
Government Audit and Oversight CommitteeJul 1, 2021
โRECOMMENDEDPass
Board of SupervisorsJul 13, 2021 โ Jul 20, 2021
โPASSED ON FIRST READINGPass
โFINALLY PASSEDPass
MayorJul 30, 2021
โAPPROVED