Gross receipts tax

A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source. A gross receipts tax is similar to a sales tax, but it is levied on the seller of goods or service consumers. This is compared to other taxes listed as separate line items on billings, are not directly included in the listed price of the item, and are not a factor in markup or profit on company sales. A gross receipts tax has a pyramid effect that increases the actual taxable percentage as it passes through the product or service life-cycle.[1]


Economists have criticized gross receipts taxes for encouraging vertical integration among companies and imposing different effective tax rates across different industries.[2]

United States

Several states in the United States have imposed gross receipts taxes.

See also


  1. "Gross Receipts Tax". AIA Kansas. 1995-11-17. Archived from the original on 2006-09-29. Retrieved 2007-02-04.
  2. Chamberlain, Andrew; Fleenor, Patrick (2006-12-01). "Tax Pyramiding: The Economic Consequences of Gross Receipts Taxes". Tax Foundation. Retrieved 2007-02-21.
  3. "Alabama Code - Article 3: UTILITY GROSS RECEIPTS TAX". State of Alabama.
  4. "Gross Receipts Taxes". State of Delaware. 2006-06-14. Retrieved 2007-02-04.
  5. . Florida Dept of Revenue Retrieved 2013-12-14. Missing or empty |title= (help)
  6. "Tax Facts 37-1" (PDF). Hawaii Department of Taxation. Retrieved 2016-02-01.
  7. "The war of the 'woulds'". Chicago Tribune. 2007-02-09. Retrieved 2007-02-12.
  8. "Gross Receipts Taxes" (PDF). State of New Mexico. Retrieved 2007-02-04.
  9. "Revenue: Gross Receipts Tax". Pennsylvania Department of Revenue. 2005-02-15. Archived from the original on August 11, 2007. Retrieved 2009-05-18.
This article is issued from Wikipedia - version of the 9/9/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.