Common use of Gross Receipts Tax Clause in Contracts

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. Where a tax is levied on a percentage of gross receipts, that percentage shall be applied to each affected member’s billxxxx, 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.