TAILIEUCHUNG - Table of Small Business Size Standards Matched to North American Industry Classification System Codes

Related to “Tax Complexity” is the eighth-ranked small-business problem, “Frequent Changes in Federal Tax Laws and Rules.” This problem moved up seven positions, a significant jump from 15th in 2008. In the last four years, real and anticipated changes to the tax code took center stage through a number of tax changes imbedded in the new Patient Protection Affordability Care Act and the looming sunset of the Bush tax cuts and payroll tax holiday which are set to expire at the end of 2012. The unpredictable nature and often hidden changes of the tax law proves a significant burden on. | SBA U. S. Small Business Administration Table of Small Business Size Standards Matched to North American Industry Classification System Codes This table lists small business size standards matched to industries described in the North American Industry Classification System NAICS as modified by the Office of Management and Budget effective January 1 2012. The latest NAICS codes are referred to as NAICS 2012. The size standards are for the most part expressed in either millions of dollars those preceded by or number of employees those without the . A size standard is the largest that a concern can be and still qualify as a small business for Federal Government programs. For the most part size standards are the average annual receipts or the average employment of a firm. How to calculate average annual receipts and average employment of a firm can be found in 13 CFR and 13 CFR respectively. SBA also includes the table of size standards in the Small Business Size Regulations 13 CFR . This table includes size standards that have changed since the last publication of 13 CFR 121. For more information on these size standards please visit http size. If you have any other questions concerning size standards contact a Size Specialist at your nearest SBA Government Contracting Area Office list at the end of the table or contact the Office of Size Standards by email at sizestandards@ or by phone at 202 205-6618. Effective October 1 2012 NAICS Codes NAICS . industry title Size standards in millions of dollars Size standards in number of employees Sector 11 - Agriculture Forestry Fishing and Hunting Subsector 111 - Crop Production 111110 Soybean Farming 111120 Oilseed except Soybean Farming 111130 Dry Pea and Bean Farming 111140 Wheat Farming 111150 Corn Farming 111160 Rice Farming 111191 Oilseed and Grain Combination Farming 111199 All Other Grain Farming 111211 Potato Farming 111219 Other

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