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What is a gross receipts tax?

In Taxes - Business - Asked by Admin - 8 months ago

A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source.

Answered by Admin - 8 months ago


Tags: gross receipts tax, gross excise tax, gross revenues, what is a gross receipts tax?

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Business taxes are a necessity to all business including both big and small businesses. Taxes are filed yearly and if you overpay during the year you will be entitled to a tax return, a check from the IRS. As a business you will also needed to keep track of your tax deductions. Zuuply.com provides you with all the help and answers you need including information on questions like "what is a gross receipts tax?".



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