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,
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 ...
of any kind refers to the amount you receive before any deductions or taxes are ...
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 Receipts Tax definition. US Business Law / Taxes.
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
The phrase, "gross receipts," is an accounting term often heard from ... Definition.
Gross means without deductions, so gross receipts refer to the ... fixed assets,
appreciation of property, loans and sales tax collected in behalf of the
income taxes with Depression-era gross receipts taxes. • Gross receipts taxes are
...... rected without abandoning the very definition of “gross receipts tax,” they ...
While you might think your sales and receipts will always equal, that's not
necessarily ... in Gross Annual Revenue & Net Business Income · Taxes on Gross
Vs. Net ... Internal Revenue Service: Gross Receipts Defined · NBCNews: What's