Tech Elite Sign Up to Reform SF Tax Laws

By Sajid Farooq
|  Wednesday, Apr 13, 2011  |  Updated 12:51 PM PDT
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Tech Elite Sign Up to Reform SF Tax Laws

Joi Ito

Zynga CEO Mark Pincus is one of the people reportedly working with the City on its payroll tax policies.

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Twitter, Zynga and Yelp are just a few of the tech companies signing up to talk with San Francisco about its tax laws.

Every since San Francisco offered Twitter a payroll tax break to stay in the City and move into a building in the mid-Market area, other tech companies have lined up asking for a similar deal.

Now San Francisco Mayor Ed Lee and several of his counterparts on the Board of Supervisors is scheduling meetings to talk about ways to make the City a better place to do business for tech startups.

The panel will also look at other issues involving emerging companies doing business in the City, including housing and transportation issues.

The City has been looking at ways to offer the Twitter break to more companies after Zynga threatened to leave San Francisco recently if it didn't get a similar deal.

The news no doubt prompted Oakland Mayor Jean Quan to travel across the bay and try to recruit some of those companies to her city. A move that didn't sit well with San Francisco officials.

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