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TRANSACTIONS
(Sales) and USE TAX UPDATE
During
the November 2008 General Election, voters of the City of
El Monte approved Measure GG, the Essential City Services
Preservation and Protection Measure which establishes a one-half
of one percent (½%) “transactions and use tax”
in the City of El Monte. Transactions and use taxes, like
the one approved by El Monte voters, are also referred to
as “District Taxes” by the California State Board
of Equalization which is the State agency responsible for
overseeing the collection of such taxes statewide. Measure
GG was approved as a “general tax” within the
meaning of Proposition 218 and its proceeds may be used for
any general city purposes.
For
more information, click on the links below:
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