Stripe to move to South San Francisco

Re:Stripe to move to South San Francisco by gamblor956 on Thursday October 24, 2019 @01:09PM (#21346677)

It makes perfect sense.

Square has the one office in SF, so essentially all of its gross proceeds arise from that office and are subject to the tax.

Salesforce has offices everywhere and a substantial amount of its revenues come from the work of employees outside of San Francisco. This revenue should not be subject to the SF gross revenues tax (and it would be illegal for SF to tax such income).

The question boils down to this: is the disparity in taxes reasonable given the SF-based gross proceeds generated by Square and Salesforce?

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Re:Stripe to move to South San Francisco by matahwoosh on Thursday October 24, 2019 @01:37PM (#21347033)

You're incorrect, Square has non-SF offices, too. I think @nrp has put it well in his comment https://news.ycombinator.com/item?id=21342101. Square is categorized differently than Salesforce by SF tax law and pays a different proportion of taxes than Salesforce.

EDIT: corrected username

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