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 ...

Corporate tax receipts fell by 30 per cent in May, amounting to a loss of €1.1 billion when compared to the same month last year, amid signs US tariffs may be denting the profitability of ...

FY25 direct tax collections rose 13.57% to Rs 22.26 lakh crore but fell 0.7% short of revised estimates due to higher refunds. Corporate tax exceeded targets, while personal income tax lagged ...

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

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.

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 ...

With Department of Revenue collections halted early due to a system update, the Office of State Budget Director reported today February’s General Fund receipts declined 3% percent compared to ...

Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a type of gross receipts tax. This means that businesses are taxed based ...

Consider a gross receipts tax on making a loaf of bread. In stage one, the farmer grows wheat, selling it to the miller for $1 and paying a 2% tax — or 2 cents.

NEW YORK — State tax receipts totaled $79.9 billion through the first three quarters of State Fiscal Year (SFY) 2024-25, State Comptroller Thomas DiNapoli announced in a press release. It’s $… ...

“For each of the tax years in issue (2019, 2020, 2021, 2022 and 2023), either the City erroneously assessed or Lyft overreported Lyft’s [gross receipts tax] and [homelessness gross receipts ...