New York City imposes a commercial rent tax on tenants who use or occupy property south of 96th street in Manhattan. There are, however, numerous exemptions and exceptions available to taxpayers. San Francisco also levies a commercial rent tax that generally applies to businesses leasing commercial space in the city. Once again, there are certain exemptions and exceptions available to taxpayers. Fandl’s Commercial Rent Tax Services can assist with registrations, audits, and voluntary disclosure agreements.
Fandl can also handle all aspects of commercial rent tax outsourcing including data review, filing of returns, payment of the tax (to include an imprest account option) and audit and tax appeal support.
Our secure on-line data warehouse gives clients access to all of their commercial rent tax documents including filings, notices, bills, and compliance calendars.