|
City of Florence Business License
Rate Structure
|
|
Class |
Income: 0 to
$2000.00
Minimim |
All over
$2,000.00
Rate per $1,000.00 or fraction
thereof
|
| 1 |
$20 |
$1.55 |
| 2 |
$30 |
$1.70 |
| 3 |
$40 |
$1.85 |
| 4 |
$50 |
$2.05 |
| 5 |
$60 |
$2.20 |
| 6 |
$70 |
$2.35 |
| 7 |
$80 |
$2.55 |
|
8 |
(See individual
business in class.*) |
|
|
| * Call (843) 665-3173 for rate class
assistance |
Declining
rate applies in all classes for gross income in excess of one
million dollars
($1,000,000.00) as follows:
|
Amount (in Millions)
Gross Income |
Percent of Rate for
each additional $1,000.00 |
|
|
|
| 0 to 1 |
100% |
| >1 but < 4 |
90% |
| > 4 but < 7 |
75% |
| > 7 but < 10 |
50% |
| > 10 but < 20 |
25% |
| > 20 |
10% |
|