California Business and Professions Code

§ 17029

BPC § 17029Div. 7 · Part 2 · Ch. 4 · Art. 2

Statute text

“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.

Legislative history

Added by Stats. 1941, Ch. 526.