2012 Q4 Sales Tax UpdateSALES TAX BY MAJOR BUSINESS GROUP
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
7 Eleven
888 Seafood
Allied Building
Products
Auto Zone
Bed Bath & Beyond
CH Auto
Charley Broms
Chevron
Circle K
CVS Pharmacy
Dunn Edwards
Paints
East GounTet
Seafood
Restaurant
Huy Fong Foods
In N Cut Burgers
lVbcys
NkDonalds
NkDonalds
Panda Egress
RjteAjd
Rosen IVbIgiI
Rosemead Valley
Mart IVbIgiI
Sea Harbour
Seafood
Target
Tesoro Refining &
Marketing
V\131m-art
General Restaurants Fuel and Autos Business Food Building
Consumer and Service and and and and
Goods Hotels Stations Transportation Industry Drugs Construction
c receiptsfor Oc
xrnber seleswere
net of onetime
Dns actual sales
ompered to the
in 2011.
transportation
tinued strong
id light trucks
day soles seeson cen be the differ
once bct\vicen a. profit and a, lass for
the yea'. This group bested year
ago receipts by 4.3 %.'Business end
industry totals again included tax
receipts from a variety of alterna-
tive energy projects Heavy indus-
trial, office equipment and office
supplies/ furnitureaso contributed
to the group's 5.3% increase Res -
taara dining remained popular as
overall soles moved up 5.7 %, with
most of the increase going to full
and quick- service operators H igh-
er prices at the pump bolstered re-
turns for fuel and service stations
which posted a 2.1% risk even as
gasoline consumption for the pe-
riod trended down. Receipts for
buildingand construction increased
5.3 %, whilefood and drugs ganed
1.5 %. County use tac pool totals
were buoyed by receipt of previ-
ously uncollected tortes on internet
soles
First Full (wafter for AB 155
AB 155 expanded the definition of
nexusto indudeout- of- statesellers
with statewide a soles of $1 M
or more and who have in -state affili-
ates providing servioestied to those
out -of -state soles Effective Sep-
tember 15, 2012 companies meeting
these crite'iawererequired to collect
Celliforniaseleserid usetac.
The 26 companies HdL has iden-
tified to date as falling under W
155s criteria produced slightly
over $12M in local one -cent sales
tac revenues in the fourth quarter
of 2012. It is estimated that this
will tra into annual revenues
of about $0.80 per capita To data
the revenues are being alocated
to all jurisdictions in California via
the countywide use tac allocation
pools Eech city and county receives
its proportionate shore of the pool
based on its ratio of tacable soles
Past deal making by high volume
retdlers suggests that new reve-
nues could eventua ly be redirected
to just afe v Wiles in exchange
for soles tac rebates as more out -
of -state compa decide where
to locate their in -state distribution
warehouses Online sellers a ready
located in the state hate negotiated
rebates as high as 85% of the local
soles tac they collect.
S336/ H 8684, the Federal Market-
place Farness Act, would provide
a uniform approah to allowing
all states to require online and re-
mote sellers to collect soles taxes
The bills ere strongly supported
by a coalition of national retailers
and local governments but are op-
posed by eBay and anti -tax groups
Although the Sentate has adopted
a resolution of support, the bills
themselves hate not been formally
aged upon in either the Senate or
H ouse of Representatives
$4,000
$3,000
$2,000
$1,000
$0
Q4 Q4 Q4 Q4
1111111 10 11 12
11
Rosemead County California
2010
-1.4%
6.9%
2.9%
1:3.8
3210
4.9%
4.9%
16.7
- 0.5
-2.9%
2.0%
142.8
3.5%
-3.6%
-32 0 10
- CONFIDENTIAL
-
4.2%
4.4%
18.2
-7,1%
-4.8%
- 4.5°10
211
-3.4%
4.5%
3.6%
243
148.5
13.2
5.3 0 10
133
-05%
- 38.0%
- 17,6
17.6
81%
5.0°10
6.3%
423
-0.2%
1.3%
0.2%
29.0
14.9
9.0 0 10
7.9 0 10
1113
22 0 10
53%
51 0 10
1243
0.0%
2 /%
2.8%
29.9
-0.8%
4.5%
7.9%