What exactly is a gross receipts tax? Here is the New Mexico Taxation and Revenue Department’s definition: “The gross receipts tax is a tax on the privilege of doing business in the state. It applies ...

STARTS RIGHT NOW. WITH THE PRICE OF JUST ABOUT EVERYTHING EXPECTED TO RISE, YOUR WALLET MAY TAKE YET ANOTHER HIT, ESPECIALLY IF YOU LIVE IN THE CITY OF ALBUQUERQUE. GROSS RECEIPTS TAX HIKE IS MAKING ...

With Washington instituting a new income tax (excuse me, an “excise tax on capital gains”) and California always chock-full of ideas to tax anything that moves, Oregon was probably beginning to feel ...

OAKLANDERS MAY HAVE the chance to decide the fate of a business tax break proposal in June if the City Council decides to put it on the ballot. Councilmembers Zac Unger and Janani Ramachandran ...

A group of business leaders submitted paperwork Wednesday for a ballot measure that would repeal Los Angeles’ gross receipts tax, delivering some financial relief to local employers but also punching ...

In November, Oregon voters will consider a ballot initiative that would impose a new business tax on Oregon corporations known as a gross receipts tax. The new levy would be added on top of all ...

Next week, Oregon voters will weigh in on a tax-related ballot measure with concerning repercussions. Measure 118 would impose a three percent turnover, or gross receipts, tax on corporations with ...

There are bad ideas and then there are ideas so lousy that even liberal Democrats disown them. Count in the latter category an Oregon ballot measure that would stick companies with the highest ...

Sacramento voters in the March 2024 primary election will decide whether to pass increases to the city’s business operations tax. If Measure C passes with a simple majority vote, the city will update ...

A proposed initiative (available here) is being circulated to place on the November 5, 2024 ballot, an ordinance amending the Business and Tax Regulations Code effective January 1, 2025. The proposal ...

For all the outraged uproar in Illinois about Gov. Rod Blagojevich's proposed gross receipts tax, there are some kind things to be said about it. First, it's an idea, when one is needed. We all know ...

In Texas, sales of alcoholic beverages can give rise to two types of taxes: Mixed Beverage Gross Receipts Tax, and Mixed Beverage Sales Tax. There are several complexities in how these are computed ...