Adjusted gross receipts definition

Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

Adjusted gross receipts means telecommunications carrier gross receipts less all amounts paid by the reporting telecommunications carrier on telecommunications service that is taxable under this chapter in state and local sales and use taxes and federal excise taxes and less amounts paid by the reporting telecommunications carrier to another telecommunications carrier for directory assistance originated by a caller in this state.

Adjusted gross receipts means all revenue remaining from bingo operations after payment of prizes and payment of fees required by the Commission.

Examples of Adjusted gross receipts in a sentence

• An automated keno system must be proven to accurately account for adjusted gross receipts to the satisfaction of the administrator.11.8(8) Adjusted gross receipts from keno games shall be the difference between dollar value of tickets written and dollar value of winning tickets as determined from the automated keno system.

• Adjusted gross receipts" means telecommunications carrier gross receipts less all amounts paid by the reporting telecommunications carrier on telecommunications service that is taxable under this chapter in state and local sales and use taxes and federal excise taxes and less amounts paid by the reporting telecommunications carrier to another telecommunications carrier for directory assistance originated by a caller in this state.

• Adjusted gross receipts is the gross revenue less the cost to the holder of the permit of prizes awarded.

• Adjusted gross receipts are to be calculated by taking the licensee’s gross receipts (all revenues received from bingo operations) and subtracting the amount paid out as prizes and the amount of fees paid to the Commission.

• Adjusted gross receipts are to be calculated by taking the bingo location’s gross receipts (all revenues received from bingo operations) and subtracting the amount paid out as prizes and the amount of fees paid to the Commission.

More Definitions of Adjusted gross receipts

Adjusted gross receipts means the gross receipts from casino gaming less winnings paid to winners.

Adjusted gross receipts means the gross receipts less winnings

Adjusted gross receipts means the receipts remaining after

Adjusted gross receipts means the dollar amount that is won by the limited gaming facility licensee through play at live authorized games of chance, which is the total of United State currency, chips, front money or markers contained in the drop box, plus ending chip inventory, minus opening chip inventory, plus chip credits minus table fills, minus match play coupons.

Adjusted gross receipts shall have the same meaning as given to such term in the Act.

Adjusted gross receipts means the total amount of money received by an organization from

Adjusted gross receipts means gross receipts less a deduction equal to the amount of free play provided and wagered by authorized participants as an incentive to place or as a result of placing internet wagers under this act. The deduction under this subdivision is limited as follows: