![]() ![]() Do You Qualify for the Small Business Tax Exemption? You may be eligible for a variety of business tax exemptions. A person shall not be deemed to be engaged in business solely by reason of receipt of dividend or interest income from passive investments (LAMC Section 21.00, Subsection (h)). The term shall include operations of subsidiary or independent entities conducted for the benefit of others and at no profit to themselves, nonprofit businesses and trade associations. Specifically, the Los Angeles Municipal Code (LAMC) defines “business” as any activity, enterprise, profession, trade or undertaking of any nature conducted or engaged in, or ordinarily conducted or engaged in, with the object of gain, benefit or advantage, whether direct or indirect, to the taxpayer or to another or others. Most activities conducted within the City for gain or benefit are considered engaging in business and subject to business tax. If you are self-employed, your business address is outside the City of Los Angeles and you work within the City of Los Angeles for seven days or more in a calendar year, you are considered an eligible business and must apply for a Business Tax Registration Certificate.
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