What to Know about San Francisco's Storefront Vacancy Tax
With a little above the two-thirds majority necessary to become law, a ballot measure from last Tuesday’s election to tax vacant storefronts along major commercial corridors in San Francisco is set to pass. As reported in the San Francisco Business Times, the “vacancy tax” would go into effect on Jan. 1, 2021, and impact building owners or tenants in certain areas of the city who do not activate vacant commercial storefronts for more than 182 days in a year. The tax would sta
