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.
Sample 1Sample 2Sample 3
Business and occupation tax or "gross receipts tax" means a
Sample 1Sample 2Sample 3
Business and occupation tax means business license taxes imposed pursuant to SMC Chapter 5.45 or any successor provision.
Sample 1Sample 2Sample 3

Examples of Business and occupation tax in a sentence

  • Qualifications of the Elders shall be in accordance with the guidelines established in 1 Timothy 3:1-­‐7 and Titus 1:5-­‐9; that is an Elder must have a reputation which is above reproach, be the husband of one wife (no women will be ordained), be temperate, prudent, respectable, hospitable, and be able to teach, not be addicted to strong drink, not self-­‐willed, not be quick tempered, and not be pugnacious or contentious.

  • Business and occupation tax benefits are received on the date that, in the absence of tax avoidance, the taxpayer would have been subject to B&O tax under RCW 82.04.220.

  • This cost under-run was attributed to the depreciation of the Rupiah against the Yen3.

  • An educational seminar or program, or series of such pro-grams, offered by the organization to the general public on an artis- tic, cultural, or historical subject.(3) Business and occupation tax deduction.

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

  • It will be given the tax treatment of an "educational institution" for purposes of this section only if it has obtained approval from the Washington state board of education.(3) Business and occupation tax.

  • The amount of tax that must be repaid isdetermined by applying the recovered amount first propor- tionally to the taxable price of the property or service and the sales or use tax thereon and secondly to any interest, service charges, and any other charges.(3) Business and occupation tax.

  • An occupant who contracts in advance and ((does)) remains in continuous occupancy for the initial thirty days will be considered a nontransient from the first day of occupancy provided in the contract.(((3))) (4) Business and occupation tax (B&O).

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

  • Nutrition products" are prescribed dietary sub-stances formulated to provide balanced nutrition as a solesource of nourishment.(2) Business and occupation tax.


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.
Sample 1

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;

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • New Taxes means (i) any Taxes enacted and effective after the Effective Date, including, without limitation, that portion of any Taxes or New Taxes that constitutes an increase, or (ii) any law, order, rule or regulation, or interpretation thereof, enacted and effective after the Effective Date resulting in the application of any Taxes to a new or different class of parties.

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

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

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

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

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • 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 in accordance with the provisions of the Value Added Tax Xxx 0000.

  • 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 (GST) shall mean any tax payable on the supply of goods, services or other things in accordance with the provisions of GST Law.

  • Unitary business means one or more related business organizations engaged in business activity both within and outside the State among which there exists a unity of ownership, operation, and use; or an interdependence in their functions.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • 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 other 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.

  • goods and services tax practitioner means any person who has been approved under section 48 to act as such practitioner;

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

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.