Type of Business |
Current Tax |
Proposed Tax |
| Oil Production from Wells Drilled Outside Beverly Hills |
$1,895 for the first 10,000 barrels
14 cents per barrel of oil for each additional barrel |
$2,000 per well plus
1.5% of gross receipts from the sale of oil and natural gas |
| Oil Production From Wells Drilled Inside Beverly Hills |
$3,804 for the first 10,000 barrels
35 cents per barrel of oil for each additional barrel |
$2,000 per well plus
2.0% of gross receipts from the sale of oil and natural gas |
| Professionals |
$1,288 for the first professional
61.92 cents per additional hour of professional/semi-professional service
12.44 cents per hour of non professional payroll |
0.5% of gross receipts |
| Business and Personal Services |
$232 for the first worker
4.85 cents for each additional hour of employee payroll |
0.1% of gross receipts |
| Corporate or other headquarters |
$232 for the first worker
4.85 cents for each additional hour of employee payroll |
0.1% of gross payroll |
| Commercial Parking Operations |
$232 for the first worker
4.85 cents for each additional hour of employee payroll |
10% of gross receipts |
