Sentences with phrase «on sales tax receipts»
Try a whopping 58.9 percent of the county's operating budget for 2016 is based on sales tax receipts.
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Unlike under the current basis for tax credits, if someone has, say, expenditure on stock of # 5,000 in January and cash receipts from sales of # 5,000 in February, they will only get universal credit for one of those months, despite having no income overall.
Out of office Heseltine called for money, including the receipts from council house sales, to be spent on infrastructure investment instead of tax cuts.
Recent reports from the state on county sales - tax receipts show Ulster County just about even (at $ 103 million) in 2013 - 2014 collections.
The report from that weak sales tax receipts are a «credit negative» for upstate counties due to their dependence on the revenue for their operating budgets.
Sales tax receipts in Essex County are up as fiscal year draws to a close, in part by the tax on vacation rental units, which took effect last year.
On the upside, he predicts the county's willingness to absorb Kingston's mass - transit system could be a benefit to the city «if sales - tax receipts decline.»
The spigot that was pouring money into town — county mortgage and sales tax receipts — dried up, but the town kept spending money on things like legal fees.
Mr. Bellone, in his narrative in the budget document, blames the county government's financial problems on lower sales tax receipts because of lower gasoline prices.
Ted counsels clients on a wide range of state and local tax issues involving income and franchise taxes, sales and use taxes, gross receipts taxes and telecommunication taxes.
Tim routinely advises financial institutions, technology service providers and retailers and manufacturers on sales and use, income and franchise taxes, and key related issues including apportionment, nexus, gross receipts, business and nonbusiness income, penalties, deductions and credits.
If the party that trades property or services in exchange for receiving convertible virtual currency gives the other party a sales slip, invoice, or receipt, the first party must separately state the sales tax due in US dollars on the sales slip, invoice, or receipt.»
Finally, the RTPA gradually phases in which sellers must collect and remit sales taxes based on their gross annual receipts.
Pineo Barrett, a sales associate with Re / Max Group Four Realty in Fredericton, N.B., makes contributions to charities on her clients» behalf and an official tax receipt is mailed directly to them.