Sentences with phrase «gross receipts»

Note: In addition to regular income taxes, many states impose other taxes on corporations such as gross receipts taxes and franchise taxes.

The bill would include a 7 percent tax on gross receipts of the sale of the drug.

This fee increases to $ 850 if you expect that your nonprofit will take in gross receipts exceeding $ 10,000 annually over a four - year period.

The limitations apply to both corporations and partnerships, but businesses with average annual gross receipts of $ 15 million or less should generally be exempt from the limitation.

This fee increases to $ 850 for organizations whose gross receipts exceed $ 10,000 annually over a four - year period.

Businesses with gross receipts of $ 25 million or less would be exempt from the new limit.

Furthermore, cash accounting was generally not available to corporations with average gross receipts for the three prior years of $ 5 million or more.

Depending on the general liability insurance company you end up using, your premium will be based on either your estimated gross receipts or your estimated payroll.

This rule has been replaced by a $ 25 million gross receipts test.

However, a small business with annual average gross receipts of $ 25 million or less for the past three years is exempt from this rule.

An imprint's profit margin is figured (basically) by total gross receipts minus all expenses, including office overhead and salaries and costs of production and shipping.

The big publisher typically takes 20 % to 30 % of gross receipts as a fee for sales and distribution.

The fee increases to $ 850 for organizations whose gross receipts exceed $ 10,000 annually over a four - year period.

This fee increases to $ 850 if your organization earns gross receipts exceeding $ 10,000 annually over a four - year period.

The combined gross receipts tax rate varies throughout the state.

In the same time period, the national gross receipt increase was just 21 %.

We can not use gross receipts, etc. that appear on your returns.

He has an extensive knowledge of sales and use taxes, income taxes and property taxes; he also handles cases involving utility taxes, employment taxes, transfer taxes and gross receipts taxes.

You may be asked to estimate annual gross receipts.

So ideally the company stays afloat and pays all bills and makes 4 % of the total gross receipts.

The fee is $ 850 if you expect your nonprofit to earn gross receipts that exceed $ 10,000 annually over a four - year period.

In some States (California for example), LLCs are taxed on gross receipts, so you'll be paying taxes on paying money to yourself.

Established small medical practice consisting of 1 Physician and 1 employee and developed it into and extremely successful practice with 5 providers, 20 employees and a successful Medical Spa business with gross receipts over 3.5 Million annually.

While not listed in the Executive Budget's revenue summaries, it proposes to allow municipalities to extend their utility gross receipts taxes to wireless telecommunication carriers.

With a production budget of $ 160 million, and box - office gross receipts of $ 323 million (domestic) and $ 799 million (worldwide).

Gross receipts at the Beatles» legendary 1965 Shea Stadium concert totaled over $ 300,000 (which might not sound like much but that's $ 2.1 million in today's dollars).

(Six states forgo corporate income taxes, but four of them impose economically distortive gross receipts taxes in their stead.)

The city's tax proposal would charge employers in Seattle that make $ 20 million or more annually in taxable gross receipts — and we all know Amazon makes a lot more than that — $ 500 per employee.

Only 0.37 percent of S corporations, for instance, had gross receipts above $ 50 million in 2012, but according to the Joint Committee on Taxation, those companies accounted for 40 percent of all S - corp profits that year.

Gross receipts records.

The movie franchise, once the money from this new picture is added in, will have rung up more than seven billion dollars in theatrical gross receipts, a total that will probably be tripled by television and by DVD sales and rentals.

Eventually, he relented, but only after locking down a contract for $ 29.25 million along with 20 percent of the film's worldwide gross receipts.

The New Mexico gross receipts tax in particular is frightening, and I'm not sure of those implications as well as other taxation and liability issues.

Business inventories held for sale or exchange by merchants subject to the business gross receipts tax, are not assessable.

Enrolled revenue may not result in actual gross receipts eventually recognized by the Company due to both withdrawals from the Company's programs and expected future enrollments.

A BUSINESS MAY HAVE high gross receipts and still go broke; it is the net, the profit after costs are subtracted, that determines viability.

New Mexico legislators have decided (according to the Albuquerque Journal) to exempt wind generation equipment from NMís gross receipts tax in addition to providing the wind farm owner a $ 0.01 per kWh state income tax credit for the first 400,000,000 kWh of electricity produced during each of the first 10 years, and authority to use of industrial development bonds.

The CAT only applies to entities with gross receipts greater than $ 150,000.

In contrast, under the sub-section (4) of new section 82C, a manufacturer of tobacco products, a mobile phone operator or all other cases has to pay a minimum tax at the rate of 1 %, 0.75 % or 0.60 %, respectively, of their respective gross receipts.

In 1997, the Park District sought $ 1 million in a lawsuit that claimed a joint venture involving Bismark Food Service and Sportservice had failed keep a contractual commitment to pay the district 34 percent of gross receipts from food and beverage service in Grant Park.

After a book goes through its life, the publisher looks at the total gross receipts for the book, take away all costs, including a percentage of the overhead and salaries, to get to a desired 4 % net profit or profit margin.

It must not have annual gross receipts over $ 23.98 million in the previous three fiscal years ($ 56.42 million for airport concessionaires in general with some exceptions).

The «Homelessness and Housing Impact Technology Tax,» as the ballot measure is formally called, would apply to tech companies whose San Francisco operations generate more than $ 1 million in annual gross receipts.

What in the world does Mattox's former job have to do with policy matters like gasoline taxes, utility gross receipts taxes, sales taxes and a million other things.