Gross Receipts Business License Tax Payment
1 $100,000 $337
2 $500,000 $1,457
3 $1,000,000 $2,857
4 $3,000,000 $8,457
5 $4,500,000 $12,156
6 $5,000,000 $12,156
7 $10,000,000 $12,156
8 $20,000,000 $12,156
2026-2027 Rates Total Due
Base Tax 313.88$ 313.88$ Increment Tax Based on $100K in Gross Receipts 2.80$ 23.35$ 337.23$
2026-2027 Rates Total Due
Base Tax 313.88$ 313.88$ Increment Tax Based on $500K in Gross Receipts 2.80$ 1,143.35$ 1,457.23$
2026-2027 Rates Total Due
Base Tax 313.88$ 313.88$ Increment Tax Based on $1M in Gross Receipts 2.80$ 2,543.35$ 2,857.23$
2026-2027 Rates Total Due
Base Tax 313.88$ 313.88$ Increment Tax Based on $3M in Gross Receipts 2.80$ 8,143.35$ 8,457.23$
2026-2027 Rates Total Due
Base Tax 313.88$ 313.88$ Increment Tax Based on $4.5M in Gross Receipts 2.80$ 12,343.35$ 12,156.00$
Reached Cap
Cap is now $12,156 in 2026-2027
Total Tax Based on $4,500,000 in Gross Receipts
Basis for Calculation: $313.88 for the first $91,661.00 + $2.80 per $1,000 in excess thereof (Not to exceed $12,156.00) Total Tax Based on $100,000 in Gross Receipts
Total Tax Based on $500,000 in Gross Receipts
Total Tax Based on $1,000,000 in Gross Receipts
$500,000.00
$1,000,000.00
Example 2: $500,000 in Gross Receipts
$3,000,000.00
$4,500,000.00
0.29%
0.28%
0.27%
0.24%
0.12%
0.06%
% of Gross Receipts
0.34%
0.29%
Analysis of Current Business License Tax
Comparison of Business License Tax Payments Based on Gross Receipts of $100K, $500K, $1M, $3M, $4.5M, $5M, $10M, $20M
The current business license tax cap is $12,156 for the 2026-2027 licensing year. Based on this tax structure, a business generating $5 million pays the same as a business generating $10 million or more.
Examples of Business License Tax Payments
$100,000.00 Example 1: $100,000 in Gross Receipts
Example 3: $1,000,000 in Gross Receipts
Example 4: $3,000,000 in Gross Receipts
Example 5: $4,500,000 in Gross Receipts
Total Tax Based on $3,000,000 in Gross Receipts