Once you have filled out your gross receipts formplease email, fax, or mail your completed form and payment to our office. Note: You must sign in to a Google account to access the calculation tool. Total gross receipt tax paid the previous year (see your previous years' business license renewal) Gross receipts include all revenue in whatever form received or accrued (in accordance with the entity’s accounting method) from whatever source, including from the sales of products or services, interest, dividends, rents, royalties, fees, or commissions, reduced by returns and allowances. Estimated total gross receipts for the current yearģ. Total gross receipts for the previous calendar yearĢ. Gross receipts do not include the repayment of a loan, or amounts received with respect to sales tax if the tax is legally imposed on the purchaser of. Before you calculate your gross receipt tax please collect the following information that is needed in order to complete your business license tax calculation:ġ. GROSS RECEIPTS: The aggregate amount of all sales and charges for the commodities or services described under the term business organizations made by a. Gross receipts are generally not reduced by cost of goods sold but are generally reduced by the taxpayer’s adjusted basis in certain property used in a trade or business or capital assets sold. Need help calculating your gross receipt business license tax? You can click the link below to download a copy of our gross receipt calculation tool.
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