Currently, technology firms located in the Rosslyn-Ballston corridor, Crystal City, Columbia Pike and Shirlington only have to pay 50 percent or less of the county’s standard business license tax rate, 36-cent per $100 of gross receipts. For tech companies with between 500 and 999 employees, the rate is 14 cents. For tech companies with more than 1,000 employees, it falls farther to 10 cents.
Tech companies located along the Pike or in Shirlington have no minimum for the amount of employees to qualify for the reduced tax rate. However, in the R-B Corridor and Crystal City — the county’s two “Downtown Technology Zones” — tech firms must have at least 100 employees to pay the 18-cent rate. The County Board could approve waiving the minimum at its meeting this Saturday.