Food Trucks One Step Closer to Paying 10% Sales Tax
From Alden Leonard. Contact him at alden[AT]borderstan.com and follow him @aldenleonard on Twitter.
As summer heats up and DC’s food trucks ready themselves for another lucrative warm season, brick-and-mortar restaurants in the District also have something to celebrate.
The fojol bros. food truck. (Borderstan file photo)
DCist reported that last week, a measure levying taxes on food truck sales passed the City Council. This tax disparity was a major thorn in the side of traditional restaurants, who saw their mobile counterparts as having an unfair advantage.
The 10% sales tax (same as what you pay in a restaurant) would replace the current $1,500 annual fee street vendors pay. According to District’s chief financial officer, the city’s 1,200 food trucks and mobile vendors are expected to contribute more than $1.2 million in taxes to the city each year.
Like reading Borderstan’s Food & Drink stories? Get an RSS Feed for the F&E Section, or an RSS Feed for all Borderstan stories.
