Seaside Enforcing Business Lic. Ord.
In an effort to raise municipal revenue, the City of Seaside has begun enforcing it’s Business License Tax Ordinance. The ordinance (Municipal Code Sec. 5.04.260) levies a flat charge (and incremental escalator) on gross receipts for transactions which occur within the city limits of Seaside.
NOTE, this is not a new ordinance. This law was passed a number of years ago but was not enforced. The City is now requiring adherence to the code prior to issuance of a city report. I have heard from a number of agents who have attempted to pull a city report and were told that their brokers needed to pay for their license before being granted the requested documents. A breakdown of the business license tax structure is listed below. I am also including a link to the business license application.
Real Estate Broker:
Fee: $58.00 – $0 up to $25,000 or fraction thereof
PLUS $10.00 – for each additional $5,000 or fraction thereof in excess of $25,000.
Example:
Receipts: $0 – $25,000 = $58.00 Amount Due
Receipts: $25,001 – $30,000 = $58.00 (+$10) = $68.00
Click here to visit the Seaside Bus. Lic. page.
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