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 ...
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 ...
Journal Editorial Report: Trump's proposal to kill SALT benefits the Democrats' constituencies. Photo: Brendan Smialowski/AFP/Getty Images There are bad ideas and then there are ideas so lousy that ...
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 ...
The Burlington, Vermont, City Council approved a change to the city’s gross receipts tax, which some councilors called a regressive move. The council’s Ordinance Committee proposed a temporary ...
Aug. 30—Businesses pay a slew of taxes, and it's not always the most straightforward process. From gross receipts taxes to unemployment insurance taxes, there's a lot on employers' dockets. So how ...
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 ...