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City of Los Angeles Business Tax Holiday for New Businesses
City of Los Angeles Business Tax Holiday for New Businesses

The New Business Tax Holiday exempts any new business earning less than $500,000 annually from paying City of Los Angeles business taxes during its first two years of operation. In order to qualify for any business tax exemptions, the business will need to register and file their tax returns with the City of Los Angeles' Office of Finance before the annual deadline and have less than $500,000 in annual receipts.

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