Gross Receipts Tax Sample Clauses

Gross Receipts Tax. The Buyer is liable for any Gross Receipts Tax applicable to any transaction arising out of this Agreement. If Seller pays any such Gross Receipts Tax, then Seller shall include such amounts so paid in the next Billing Cycle invoice as provided in Sections 3.1(a) and 7.1 (the “Gross Receipts Tax Payment”).

Gross Receipts Tax. In compliance with 00-00-000 MCA, Department will withhold 1% of all payments due Contractor for Contracts over $5,000. Contractor is also required to withhold 1% of all payments due to its sub-contractors who perform work greater than $5,000 under this Contract. Contractor shall utilize the required forms and notify the Department of Revenue of the amount withheld.

Gross Receipts Tax. New Mexico’s Gross Receipts Tax pursuant to Sections 7-9-2, 7-9-3.5 and 7-9-4 XXXX 0000, as amended from time to time.

Gross Receipts Tax. Where a tax is levied on a percentage of gross receipts, that percentage shall be applied to each affected member’s bill, and the amounts so computed shall be added to each member’s regular billing until such member’s proportionate share of the total tax is paid. The prorata tax applicable to each member shall be identified on the member’s billing as such.

Gross Receipts Tax. In recognition of the cost to the PH-MCO of the Gross Receipts Tax, the Department will make certain additional payments, called GRT HNRS Payments that recognize the legitimate and marginal administrative cost to the MCO of this tax. The Department will make a GRT HNRS Payment only in accordance with the following criteria: A. The amount of the GRT HNRS Payment will equal 6.27 percent of the Department’s Home Nursing Risk Sharing obligation to date for this Arrangement Year, net of Home Nursing Risk Sharing Withhold Amounts for this Arrangement Year, less any GRT HNRS Payments the Department has already paid for this Arrangement Year. B. The Department will make a GRT HNRS Payment, per this Section VII, on the same date it makes any Home Nursing Risk Sharing payment. C. The Department’s determination of an obligation to make a GRT HNRS Payment will be zone-specific and will apply collectively to all agreements the PH-MCO has with the Department to operate a HealthChoices program in the same zone. D. If the Department has notified the PH-MCO that the Gross Receipts Tax is reduced or ended, GRT HNRS Payments will be appropriately reduced or ended.

Gross Receipts Tax. The New Mexico gross receipts tax is imposed as a percentage of gross receipts on persons engaging in business in New Mexico for the privilege of engaging in business in New Mexico (Section 7-9-4 NMSA 1978). The tax is the business’ responsibility to report and remit, but statutes do not prevent the business from recovering its tax costs from the customer. The New Mexico Gross Receipts and Compensating Tax Act defines "gross receipts" as the total amount of money or the value of other consideration received from selling property in New Mexico, from leasing or licensing property employed in New Mexico, from granting a right to use a franchise employed in New Mexico, from selling services performed outside New Mexico, the product of which is initially used in New Mexico, or from performing services in New Mexico.

Gross Receipts Tax. In case the maturity period of the loan is to be shortened through pretermination, the resulting additional GRT on interest due to the correction of the rate of GRT shall be for the account of the Borrower/s.

Gross Receipts Tax. In the event that the Gross Receipts Tax charged by the U.S. Virgin Islands Government or any similar tax that may replace the Gross Receipts Tax applicable to Landlord shall increase above the five percent (5%) Gross Receipts Tax now applicable to Landlord (the “Current GRT”), Tenant shall pay as Additional Rent an amount so that Landlord shall receive the same net amount of the rent (net of the Current GRT) that the Landlord would have received if the Current GRT had not increased. At any time or times in which the Gross Receipts Tax is increased, the Landlord, in its sole discretion, may submit to the Tenant a statement of such increase and the amount of the additional monthly rent to be paid by the Tenant to the Landlord.

Gross Receipts Tax. 10. ACCESS CHARGES AND RELATED SURCHARGES.......................................

Gross Receipts Tax. If NYSEG is assessed a gross receipts tax for any transaction it undertakes on behalf of an Owner, NYSEG shall bill xxxt Owner and that Owner shall pay the tax in accordance with the procedures described in Section 9.