Use Tax Incentive Program
On October 22, 2013, the City Council approved a business incentive program to rebate a portion of Use Tax paid on out-of-state purchases over $500,000 and for construction projects exceeding $5 million to qualifying businesses
To quality for the rebate companies must:
- Submit a Use Tax Business Incentive Program application with the City's Economic Development Department;
- Obtain a State of California Use Tax Direct Payment Permit or a Sub Sellers Permit, and
- Properly identify Stockton as the place where equipment and/or material will be used.
Once you meet the qualifications, your company is eligible for a rebate of 15% to 25% of the net new Use Tax received over four quarters.
This is a win-win for the company and for Stockton. When you identify Stockton as the jurisdiction where equipment and/or material will be used, this allows the City to receive a greater percentage of the tax revenue.
For a complete explanation of the program, please review this adopted agenda item and ordinance.
To discuss how to participate in this program, please contact the Economic Development Department.
There are currently no external links.
This City of Stockton web page last reviewed on --- 5/14/2015