Welcome to the Sandy business community. Sandy’s public transit system is supported by a business tax per Municipal Code Chapter 5.05. Transit service information , the ordinance and payroll tax forms are available.
The business transit tax is assessed on all businesses located in the city and any business that transacts business in the city. It is an employer paid tax. The tax is based on all forms of taxable compensation, i.e. wages, bonuses, etc. for corporations, and for self-employed, all taxable wages and/or net earnings generated by business activity in Sandy is subject to the tax.
All businesses or contractors doing business in Sandy are responsible to apportion the amount of taxes due to the City of Sandy based on the work done in the City. In order to not be taxed twice on the same wage or net earnings, you reduce your subject wage and/or net earnings due to any other transit agency by the amount of wages and/or net earnings reported and paid to the City of Sandy in a given period.
Self-employed business owners and partnerships must file and remit payment on net earnings by the same date the federal tax is due, April 15th of the year following the year for which you are reporting. If your business is a sole proprietorship or partnership and you have employees , you will be assessed both quarterly for your payroll and annually for your net earnings as they are reflected on the Federal 1040 Form or 1065 Form.
If you have a corporation, you must file and remit payment quarterly on your business payroll and all forms of compensation (including officers) attributable to business transacted in the City of Sandy. Payroll tax remittance is due by the end of the month following the close of the quarter. Quarters are determined from the first of the year, i.e. January-March; April-June; July-September; October-December.
For your convenience, some highlights of the ordinance are: