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Gross receipts tax - Wikipedia
A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source. A gross receipts tax is similar to a sales tax,  ... More »

Gross Receipts Taxes | Tax Foundation


Gross receipts taxes have a simple structure, taxing all business sales with few or no deductions. Because they tax transactions, they are often compared to retail ...

Gross Receipts Defined - IRS.gov


for Tax Pros ... Gross Receipts Defined. Gross receipts are the total amounts the organization received from all sources during its annual accounting period, ...

What is a State Gross Receipts Tax? - The Balance


Dec 22, 2016 ... What is a gross receipts tax; what is taxable; how it's different from VAT tax, income tax, or franchise tax; states that impose a gross receipts tax.

Gross Receipts Definition | Investopedia


A tax term relating to the total business revenue from services provided that must be reported for the fiscal period. Gross receipts do not account for sales returns ...

Gross Sales vs. Gross Receipts | Chron.com


Gross receipts and gross sales both define the total amount of money that your ... [Gross Receipts Tax] Difference Between Sales Tax & Gross Receipts Tax ...

Difference Between Sales Tax & Gross Receipts Tax | Chron.com


If you charge your customers sales tax, your income is not affected by passing the amount to the state. The gross receipts tax, on the other hand, is based on ...

26 CFR 1.993-6 - Definition of gross receipts. | US Law | LII / Legal ...


In the case of a commission agent for a related supplier (as defined in § 1.994-1( a)(3)(ii)), the gross receipts or gross income of such agent shall be determined ...

What is gross receipts tax? definition and meaning ...


Definition of gross receipts tax: Business tax levied on the total revenue of some firms (such as utilities) instead of on the net income.