Gross receipts tax
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 »
for Tax Pros ... Gross Receipts Defined. Gross receipts are the total amounts the
organization received from all sources during its annual accounting period, ...
Gross receipts and gross sales both define the total amount of money that your ...
However, each state may set its own definitions of specific tax terms, so if ...
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 ...
A gross receipts tax
is a state tax
on the gross receipts
(sales) of a business; usually a state will impose a gross receipts tax
instead of a corporate income tax
. Some states allow some deductions from the gross receipts tax
and some types of businesses may be exempt... More »
Definition of gross receipts: Total revenue (including interest and rents) before ...
from the sales of fixed assets and withholding taxes collected from the employees
Definition of gross receipts tax: Business tax levied on the total revenue of some
firms (such as utilities) instead of on the net income.
releases, Tax Facts, and other documents published by the Department of
Revenue. Gross Receipts. Gross receipts as defined in SDCL 10-45-1, means
income taxes with Depression-era gross receipts taxes. • Gross receipts taxes are
...... rected without abandoning the very definition of “gross receipts tax,” they ...
Jan 17, 2012 ... FAQS: GROSS RECEIPTS TAX. Q. What is the Delaware Gross Receipts Tax? A.
Delaware's Gross Receipts Tax is a tax on the total gross ...