Business and occupation tax definition

Business and occupation tax or “gross receipts tax” means a tax imposed on or measured by the value of products, the gross income of the business, or the gross proceeds of sales, as the case may be, and that is the legal liability of the business.
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Business and occupation tax or "gross receipts tax" means a
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Business and occupation tax means business license taxes imposed pursuant to SMC Chapter 5.45 or any successor provision.
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Examples of Business and occupation tax in a sentence

  • Alternatively, a marketplace facilitator may report all such taxes on the same tax re- porting account as it reports its own direct sales.(b) Business and occupation tax.

  • Business and occupation tax, the second largest source of tax revenue in governmental activities, increased by $480 million in fiscal year 2011 over 2010.

  • Advertising services also in- clude providing online referrals, search engine marketing and lead generation optimization, web campaign planning, the acquisition of ad- vertising space in various media outlets such as the internet, televi- sion, radio, newspaper, and magazines, and the monitoring and evalua- tion of the effectiveness of an advertising campaign.(3) Business and occupation tax.

  • Business and occupation tax collections were also aided by the tax penalty amnesty program and other legislative changes.

  • Business and occupation tax, sales tax, use tax and specialty taxeso WA Labor and Industries.

  • State Law reference— Business and occupation tax, O.C.G.A. § 48-13-6 et seq Sec.

  • In this section "direct seller" refers to the selling company, and the "direct seller's representative" refers to the person who purchases consumer products from the direct seller and resells the products, or sells for or solicits sales on behalf of the direct seller.The exemption provided by RCW 82.04.423 is limited to the B&O tax on wholesaling or retailing imposed in chapter82.04 RCW (Business and occupation tax).

  • The construction contractor shall present monthly „Progress Reports“, environmental issues included in the present document as an individual chapter.


More Definitions of Business and occupation tax

Business and occupation tax or "gross receipts tax" means a tax which is imposed on or measured by the value of products, the gross income of the business, or the gross proceeds of sales, as the case may be and which is also not, pursuant to law or custom, separately stated from the sales price. As used throughout this chapter, the terms "value of products," "gross income of the business," and "gross proceeds of sales" have the same meaning as those provided in chapter 82.04 RCW.
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Related to Business and occupation tax

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • non-taxable territory means the territory which is outside the taxable territory;

  • Own Occupation means your occupation that you were performing when your Disability or Partial Disability began. For the purposes of determining Disability under this plan, Liberty will consider your occupation as it is normally performed in the national economy.

  • taxable territory means the territory to which the provisions of this Act apply;

  • Regulated occupation means an occupation in which a person is licensed, certified, or registered by one (1) of the following:

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • Sales Taxes means Alternative Revenues.

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • VAT means value added tax.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Goods and Services Tax or “GST” means the goods and services tax chargeable under the Goods and Services Tax Act (Cap. 117A);

  • Unitary business means a single economic enterprise that is made up either of separate parts of a single business entity or of a group of business entities under common ownership that are sufficiently interdependent, integrated, and interrelated through their activities so as to provide a synergy and mutual benefit that produces a sharing or exchange of value among them and a significant flow of value among the separate parts. "Unitary business" shall be construed to the broadest extent permitted under the Constitution of the United States. A business conducted by a partnership which is in a unitary business with the combined group shall be treated as the business of the partners that are members of the combined group, whether the partnership interest is held directly or indirectly through a series of partnerships, to the extent of a partner's distributive share of partnership income. The amount of partnership income to be included in the partner's entire net income shall be determined in accordance with subsection a. of section 3 of P.L.2001, c.136 (C.54:10A-15.6) or subsection a. of section 4 of P.L.2001, c.136 (C.54:10A-15.7), as applicable. A business conducted directly or indirectly by one corporation is unitary with that portion of a business conducted by another corporation through its direct or indirect interest in a partnership.

  • Employee Taxes means all taxes, assessments, charges and other amounts whatsoever payable in respect of, and measured by the wages of, the Vendor’s employees (or subcontractors), as required by the Federal Social Security Act and all amendments thereto and/or any other applicable federal, state or local law.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • criminal tax matters means tax matters involving intentional conduct whether before or after the entry into force of this Agreement which is liable to prosecution under the criminal laws of the requesting Party;

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Employment Taxes means all fees, Taxes, social insurance payments or similar contributions to a fund of a Governmental Authority with respect to wages or other compensation of an Employee or Service Provider.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • elementary occupation means any occupation involving unskilled or semi-skilled work;

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Any Occupation means any occupation that you are or become reasonably fitted by training, education, experience, age, physical and mental capacity.

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).