taxes

Local & State Taxes

Tax	Basis/Measurement	Rate	Administering Agency
Corporate Income	Net income apportioned to California	8.84%	Franchise Tax Board
Sales & Use	Receipts from sales or lease of taxable items	7.375% (Stanislaus)	Board of Equalization
Unemployment	First $7,000 of wages per employee per year	1.5% to 6.2% - 3.4% New Employer	Employment Development Dept
Workers Comp	Payroll and occupation	Variable	Dept of Industrial Relations
Personal Income	Taxable personal income	1% to 9.3%	Franchise Tax Board
Property	100% of assessed valuation	1.1%	Stanislaus County
Disability Insurance	First $86,698 of wages for each employee per year; employee paid	0.8%	Employment Development Dept

 

Corporate Tax Rates

Corporations other than banks and financial corporations 8.84%.
Banks and financial corporations 10.84%.

Taxable Sales

Taxable sales are a measure of the total retail market size. Approximately 40 percent of personal income is spent on taxable items in California . Taxable sales in Stanislaus during 2004 exceeded $6.75 billion. This represents an increase of 9.6% from the prior year.

Stanislaus Taxable Sales (000's)

Retail Stores	2001	2002	2003	2004	2005
Apparel	127,711	154,083	154,867	192,858	213,850
General Merchandise	754,247	784,431	803,255	846,742	927,418
Specialty	411,996	432,777	465,562	501,694	535,480
Food	255,923	260,781	282,781	291,867	308,864
Eating & Drinking Places	378,985	403,421	421,793	542,120	489,169
Household	153,417	181,384	187,214	198,691	210,720
Building Material	360,337	368,472	416,983	508,825	572,552
Automotive	1,244,939	1,248,936	1,305,986	1,396,277	1,516,702
Other Retail	249,876	273,693	297,729	331,376	368,269
Total Retail Stores	3,937,431	4,107,978	4,336,170	4,720,450	5,143,024
Business & Personal Services	214,161	223,862	224,429	240,245	253,838
All Other Outlets	1,421,077	1,494,025	1,614,893	1,804,973	1,889,038
Total Stanislaus Taxable Sales	5,572,669	5,625,865	6,175,492	6,765,668	7,285,900

 

Category Growth Rates 1 year (percentages)

Retail Stores	2001	2002	2003	2004	2005
Apparel	10.73	20.65	0.51	24.53	10.88
General Merchandise	7.39	4.00	2.40	5.41	9.53
Specialty	5.60	5.04	7.58	7.76	6.73
Food	7.73	1.90	8.44	3.21	5.82
Eating & Drinking Places	10.55	6.45	4.55	7.19	8.19
Household	5.05	18.23	3.21	6.13	6.05
Building Material	18.87	2.26	13.17	22.03	12.52
Automotive	12.89	0.32	4.57	6.91	8.62
Other Retail	2.48	9.53	8.78	11.30	11.13
Total Retail Stores	9.86	4.33	5.55	8.86	8.95
Business & Personal Services	2.90	4.53	0.25	7.05	5.66
All Other Outlets	1.29	5.13	8.09	11.77	4.66
Total Stanislaus Taxable Sales	7.27	4.54	6.00	9.56	7.69

 

Category Relative Share of Total Taxable Sales (percentages)

Retail Stores	2001	2002	2003	2004	2005
Apparel	2.29	2.64	2.51	2.85	2.94
General Merchandise	13.53	13.46	13.01	12.52	12.73
Specialty	7.39	7.43	7.54	7.42	7.35
Food	4.59	4.48	4.58	4.31	4.24
Eating & Drinking Places	6.80	6.92	6.83	6.68	6.71
Household	2.75	3.11	3.03	2.94	2.89
Building Material	6.47	6.32	6.75	7.52	7.86
Automotive	22.34	21.44	21.15	20.64	20.82
Other Retail	4.48	4.70	4.82	4.90	5.05
Total Retail Stores	70.66	70.51	70.22	69.77	70.59
Business & Personal Services	3.84	3.84	3.63	3.55	3.48
All Other Outlets	25.50	25.64	26.15	26.68	25.93
Total Stanislaus Taxable Sales	100.00	100.00	100.00	100.00	100.00