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Ordinance#231105Passed
In plain English

The ordinance authorizes a settlement of $1,361,454.60 to IBM for a lawsuit regarding a refund of payroll and gross receipts taxes from 2018. It also includes terms that affect IBM's tax filings for 2019 and later, with no penalties imposed by the City for those years.

Ordinance authorizing settlement of the lawsuit filed by International Business Machines Corporation against the City and County of San Francisco for $1,361,454.60; the lawsuit was filed on February 25, 2022, in San Francisco Superior Court, Case No. CGC-22-598342; entitled International Business Machines Corporation v. City and County of San Francisco; the lawsuit involves a claim for refund of payroll expense and gross receipts taxes, and related penalties and interest, for the tax year ended December 31, 2018; other material terms of the settlement are that International Business Machines Corporation and its related entities shall take certain filing positions with respect to their gross receipts, homelessness gross receipts, and overpaid executive gross receipts taxes, as applicable, for tax year 2019 and subsequent tax years, and the City will not impose penalties arising from those filing positions for tax years 2019 through 2022.

Introduced: Oct 31, 2023
Final action: Dec 15, 2023
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How it got here

Document trail
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How they voted

FINALLY PASSED
Board of Supervisors ยท Dec 5, 2023Pass
5-0
PASSED ON FIRST READING
Board of Supervisors ยท Nov 28, 2023Pass
5-0
RECOMMENDED..
Government Audit and Oversight Committee ยท Nov 16, 2023Pass
1-0

Legislative journey

Clerk of the BoardOct 20, 2023
ยทRECEIVED FROM DEPARTMENT
PresidentOct 31, 2023
โ†’RECEIVED AND ASSIGNED
Government Audit and Oversight CommitteeNov 16, 2023
โœ“RECOMMENDED..Pass
Board of SupervisorsNov 28, 2023 โ€“ Dec 5, 2023
โœ“PASSED ON FIRST READINGPass
โœ“FINALLY PASSEDPass
MayorDec 15, 2023
โœ“APPROVED