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, Contractor will have 1% of his gross receipts withheld by DEQ from all payments due for Contracts over $5,000. Each subcontractor who performs work greater than $5,000 shall have 1% of its gross receipts withheld by Contractor. Contractor shall notify the Department of Revenue on the department’s prescribed forms.
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. 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. 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. ((Section)9.3.)
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. The Parties agree to the following:
a. Supplies of goods and services are subject to the Virgin Islands Gross Receipt Tax (the “GRT”). b Buyer must withhold the GRT from the payments due to Seller
Gross Receipts Tax. The Company will pay all gross receipts taxes on compensation paid to Consultant.
