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Theres one package of information going out. So the tax and Treasurers Office have additional staffing for that commissioner reeling. So of a Small Business the gross receipt is less than 1 million its exemption. Right the first million is not exemption so if you will look at page 2. The whole 2 million is taxable yeah, but its at a different taxable rate. So if you look at that page once you reach over a million that million is a taxable minimum so for schedule one 1. 75 percent of the first million is at the 5 hundred thousand is taxable at the 1 point percent tax rate. Commissioner. What ab...

So the tax and Treasurers Office have additional staffing for that commissioner reeling. So of a Small Business the gross receipt is less than 1 million its exemption. Right the first million is not exemption so if you will look at page 2. The whole 2 million is taxable yeah, but its at a different taxable rate. So if you look at that page once you reach over a million that million is a taxable minimum so for schedule one 1. 75 percent of the first million is at the 5 hundred thousand is taxable at the 1 point percent tax rate. Commissioner. What about the businesses that are a combination of ...

And other restaurants have entertainment. So, now we have a module of hybrids to be considered. Great thank you so much for that. Thank you. So that was our beginning overview and working on this and we have a year ahead have to start helping businesses transition into this. Thats the key its a year. Is clock is starting to tick now. This is going to be a yearlong educational project. We have the tables set up at flavors if we can get a table but it can start answering some of the questions. And perhaps well be meeting sometime next week but we could look at this as a potential workshop. Thank...

Discussion item so commissioners weve been fielding questions through our office and other business organs of wanting a review about prop e i thought today would be a good time to go over some basics. If theres any concerns, whats ahead because im sure youll be fielding some questions as well. And while there is a good deal of work happening in the background like the transition of the different payroll tax incentiv incentives. The tax and Treasures Office is beginning their implementation but the basic concepts are we we need to help business prepare for a transition. So in your binder is a i...

Not exemption so if you will look at page 2. The whole 2 million is taxable yeah, but its at a different taxable rate. So if you look at that page once you reach over a million that million is a taxable minimum so for schedule one 1. 75 percent of the first million is at the 5 hundred thousand is taxable at the 1 point percent tax rate. Commissioner. What about the businesses that are a combination of the manufacturing and other businesses structure. Right so going back to i think i think this is where we need to work this out. Were not going out and educating businesses right now. The likelih...