Gross annual receipts means the total amount derived from residential contracting or residential remodeling activities, regardless of where the activities are performed, and must not be reduced by costs of goods sold, expenses, losses, or any other amount.
Gross annual receipts means “total income” (or in the case of a sole proprietorship, “gross income”) of a Person, plus “costs of goods sold” by a Person (the foregoing quoted terms are defined and reported on Internal Revenue Service tax return forms). The term does not include net capital gains or losses; taxes collected for and remitted to a taxing authority, if such taxes were included in gross or total income, such as sales or other taxes collected from customers and excluding taxes levied on the Person or its employees; proceeds from transactions between such Person and its domestic or foreign affiliates; and amounts collected for another Person by a travel agent, real estate agent, advertising agent, conference management service provider, freight forwarder or customs broker. The only exclusions from the foregoing are those specifically provided for in this definition; all other items, such as subcontractor costs, reimbursements for purchases a contractor makes at a customer’s request, and employee based costs such as payroll taxes, shall be included in the foregoing.
Gross annual receipts means all revenue, as determined in accordance with generally accepted accounting principles, which is received, directly or indirectly, by Company from or in connection with the sale, operation or distribution of water. Revenue shall not include: income received from the sale of merchandise; investment or interest income; bad debt write-offs or bad check collection fees or re-deposited checks.
Examples of Gross annual receipts in a sentence
Gross annual receipts do not include any taxes imposed on the services provided by any municipality, state, or other governmental unit and collected by the dry cleaning facility or drop station for such governmental unit.
Gross annual receipts includes all revenue received or accrued from any source, including receipts of the parent company, any subsidiaries and/or affiliates, and account for both foreign and domestic locations.
Gross annual receipts total more than $172 billion dollars per year.
Gross annual receipts includes all revenue received or accrued from any source, including receipts of the parent company and any subsidiaries and/or affiliates, and account for both foreign and domestic locations.
Alternatively, licensees may obtain the form by calling the fee staff at 301–415– 7544, or by e-mailing us at fees@nrc.gov.(iii) Gross annual receipts means all revenue in whatever form received or accrued from whatever sources—not solely receipts from licensed activities.
More Definitions of Gross annual receipts
Gross annual receipts means the total amount of money received during the most recent one-year accounting period for the sale of food and alcoholic beverages, not including the amount received for taxes and gratuities in conjunction with sales or charges for entertainment or other services. Gross annual receipts are subject to audit and examination under§ 25-802.
Gross annual receipts means all revenue derived directly or indirectly by the grantee, its affiliates, subsidiaries, parents, and any company in which the grantee has a financial interest, from or in connection with the operation of the cable TV system pursuant to this chapter; including gross annual basic subscriber receipts, converter rentals and all other receipts related to the operation of this franchise except: Pay TV or premium channels, gross annual advertising receipts, gross annual lease receipts, installation and reconnection fees, converter sales, studio rental, and production equipment and personnel fees; provided, however, that "Gross Annual Receipts", shall not include any taxes on services furnished by the grantee herein, imposed directly upon any subscriber or user by the state, city or other governmental entity and collected by the grantee on behalf of said governmental unit.
Gross annual receipts means any and all compensation and other consideration received by the Company from cable television subscribers in payment for receipt of normal monthly cable service within the City of Newton; provided, however, that gross annual receipts shall not include one-time revenues such as charges for installation, reconnection, relocation, modification of installation, inspection or repair, system revenue not earned from subscribers, the amount of any franchise or copyright fees passed on to subscribers or any taxes, fees, or charges on or for services furnished by the Company herein imposed directly or indirectly on any subscriber by any state, city or other governmental unit or third party and collected by the Company on behalf of such entity.
Gross annual receipts means the total gross monthly income in a federal fiscal year.
Gross annual receipts means all revenue received directly by the Grantee and its subsidiaries, from or in connection with the operation of the Cable Television System pursuant to this Ordinance; including, but not limited to, gross annual basic cable service receipts, gross annual premium channels receipts, all other service receipts, gross annual receipts from use of commercial channels, installation and reconnection fees, and converter and other equipment rentals; provided, however, that this shall not include any franchise fees or taxes on services furnished by the Grantee herein, imposed directly upon any subscriber or user by the state, City or other governmental entity and collected by the Grantee on behalf of said governmental unit.
Gross annual receipts for the purpose of the calculation of the Franchise Fee, shall mean any and all revenues of any kind or nature including, without limitation, cash, credits, property and in-kind contributions received directly or indirectly by Grantee or its affiliated entities from any source whatsoever arising from, attributable to or in any way derived from the provision of Cable Service within the Borough. Gross Annual Receipts will include the following: Basic Service fee, fees charged to subscribers for any programming service other than Basic Service; fees charged to subscribers for any optional, per-channel or per- program service; installation, additional outlets, relocation, disconnection, reconnection and change-in-service fees; fees for control devices and antennas; fees for any and all music services. Gross Annual Receipts will not include revenues associated with internet or cable modem services, data transmission services, and/or interactive services bad debts or any taxes on services furnished by Grantee and imposed directly upon any subscriber or user by the Borough, state, federal or other governmental unit. If changes to federal or Pennsylvania law occur during the term of this Agreement, which would affect the definition of “Gross Annual Receipts”, then the Borough and Grantee shall meet and mutually agree to an amendment of this Agreement.
Gross annual receipts means all revenue derived directly by the Grantee and its subsidiaries, from or in connection with the operation of the Cable TV system within unincorporated areas of the County; including the following: gross annual basic cable service receipts, gross annual premium channels receipts, all other service receipts, gross annual receipts from use of commercial channels, installation and reconnection fees, and converter and other equipment rentals; provided, however, that this shall not include any fees or taxes imposed by governmental authorities or copyright fees which arise from Grantee's operation of the cable television system.