This resolution approves a settlement for $160,195 to Lotus Bakeries North America, Inc. for a claim regarding a refund of certain taxes. The claim was filed on February 28, 2024, and has now been resolved without litigation.
Resolution approving the settlement of the unlitigated claim filed by Lotus Bakeries North America, Inc. against the City and County of San Francisco for $160,195; the claim was filed on February 28, 2024; the claim involves a refund of gross receipts and homelessness gross receipts taxes.
How it got here
The legislation originated from a claim filed by Lotus Bakeries North America, Inc. for a refund of taxes, which was recommended for settlement by the Office of the Treasurer and Tax Collector.
Lotus Bakeries North America, Inc. filed a claim against the City and County of San Francisco for a refund of gross receipts and homelessness gross receipts taxes.
The Office of the Treasurer and Tax Collector recommended settlement of the claim for $160,195.
The Government Audit and Oversight Committee reviewed the settlement and recommended it for approval.
The Board of Supervisors adopted the resolution to settle the claim for $160,195.
The Mayor approved the resolution, finalizing the settlement of the claim.
Reconstructed from attached documents & the official record
