Gross Sales vs. Gross Receipts. Gross receipts and gross sales both define the total amount of money that your business has received in a given period, such as a year or quarter. The primary ...

West Virginia replaced its corporate excise tax and gas pipeline tax with the first gross receipts tax, or gross sales tax, on July 1, 1921 — later called the business and occupation (B&O) tax ...

Technically, it is true that Nevada can replace its gross receipts tax with a corporate income tax that would treat businesses and working households more fairly.

Under Ballot Measure 118, Oregon would enact a 3% corporate minimum tax on gross receipts over $25 million, then kick some money back to Oregon taxpayers.

City council considers gross receipts tax increase to fund quality-of-life projects like the zoo and Biopark.

Most states with a gross receipts tax do not also have a corporate income tax, and almost none of them have rates even approaching 3 percent.

Anti-tax groups mounted a pre-emptive strike Tuesday on any solution to the state’s $1.6 billion budget shortfall that includes a new gross receipts tax on Oregon businesses.

The Business Income and Receipts Tax is a tax on the gross receipts and net income of companies operating within city limits. Under BIRT, the city collects 1.415 mills on every $1,000 of gross ...

Gross tax receipts grow 12% despite I-T relief on strong GST India's fiscal deficit for April-May FY26 has impressively shrunk to just 0.8% of its annual target, the lowest since 1997, allaying ...

In addition, Prop M would apply the homelessness gross receipts tax on business activities with San Francisco gross receipts over $25 million, at rates between 0.162% and 1.64%.

Gov. Tina Kotek tells WW that she’s against Initiative Petition 17, the November ballot measure that would raise corporate taxes about $7 billion a year through a new gross receipts tax and use ...