As of July 1st, 2013 - Commercial lease income is now exempt when derived from leases between affiliated companies, businesses, persons or reciprocal insurers if the lessor holds a controlling interest in the lessee, the lessee holds a controlling interest in the lessor, an affiliated entity holds a controlling interest in both the lessor and lessee or an unrelated person holds a controlling interest in both the lessor and lessee. Controlling interest means an 80% ownership of the voting shares of a corporation or of the interests in a company, business or person other than a corporation. If you have any questions please contact us at 623 930-3190.
Glendale To Implement New Business License Application Fee
Glendale City Council approved a new $20 business license application fee that will go into effect March 1.
This new application fee has been established because several types of business licenses did not previously come with a fee. For more information on the new business license application fee and process, click here. (pdf)
Notice to Sole Proprietors/Owners: On May 1, 2008, House Bill 2745 was signed into law. One provision of the new law, which went into effect October 1, 2008, requires individuals (sole owners) requesting a municipal business license to present documentation to the municipality indicating your presence in the United States is authorized under federal law.
To satisfy this requirement; applicants must submit a license eligibility form. When completing the form, please indicate, by checking the appropriate box, which form of documentation you will provide that verifies your authorization under federal law. After you have completed the form, return it along with the applicable business license application for your type of business.
If you have any questions, or require further assistance, please contact our office at 623-930-3190.