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City council considers gross receipts tax increase to fund quality-of-life projects like the zoo and Biopark.
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.
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.
Parker’s proposal would cut business taxes under BIRT for gross receipts, net income and the city’s wage tax. Parker blamed an active court case over a business tax refund by Zoll Medical Corp. as a ...
Why does Lyft want a nine-figure tax refund from its hometown? Blame San Francisco's confusing gross receipts tax.
But there are caveats regarding included items and local taxes may still apply. So, here’s what to know about the New Mexico gross receipts tax holiday.
Proposition L would impose an additional tax on revenue from rideshare companies and autonomous vehicles, while Proposition M would make a series of changes to business taxes.
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.
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 ...
That hypothetical business would owe not only that 42.9 percent effective gross receipts tax rate, but also an effective 6.72 percent CAT rate, and the 21 percent federal income tax rate.
If passed, Measure C will increase the minimum rate to $50 a year and keep the gross receipts tax rate, but increase the minimum threshold to $100,000.
San Francisco Postpones Business Tax Increases to 2025 Increase to gross receipts tax was seen as impediment to the latest startup boom.