Cal. Bus. & Prof. Code § 17029

Current through the 2023 Legislative Session.
Section 17029 - "Cost of doing business" or "overhead expense" defined

"Cost of doing business" or "overhead expense" means all costs of doing business incurred in the conduct of the business and shall include without limitation the following items of expense: labor (including salaries of executives and officers), rent, interest on borrowed capital, depreciation, selling cost, maintenance of equipment, delivery costs, credit losses, all types of licenses, taxes, insurance and advertising.

Ca. Bus. and Prof'l. Code § 17029

Added by Stats. 1941, Ch. 526.