receipts from sales of

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• sales tax — a tax on receipts from sales, usually added to the selling price by the seller. [1920 25] * * * Levy imposed on the sale of goods and services. A sales tax on the manufacture, purchase, sale, or consumption of a specific commodity is known as an… …   Universalium

• sales tax — noun a tax based on the cost of the item purchased and collected directly from the buyer (Freq. 1) • Syn: ↑nuisance tax • Hypernyms: ↑excise, ↑excise tax * * * noun : a tax on the privilege or freedom of making sales of tangible personal property …   Useful english dictionary

• Sales taxes in the United States — are a tax added onto the price of goods or services that are purchased in the United States. A sales tax is a tax on consumption, which is displayed as a percentage of the sale price. Sales taxes are assessed by every state except Alaska,… …   Wikipedia

• receipts — /rɪ si:ts/ plural noun money taken in sales ● to itemise receipts and expenditure ● Receipts are down against the same period of last year. ▪▪▪ ‘…the public sector borrowing requirement is kept low by treating the receipts from selling public… …   Dictionary of banking and finance

• receipts — /rɪ si:ts/ plural noun money taken in sales ● to itemise receipts and expenditure ● Receipts are down against the same period of last year. ▪▪▪ ‘…the public sector borrowing requirement is kept low by treating the receipts from selling public… …   Marketing dictionary in english

• Sales tax — Cash register receipt showing sales tax …   Wikipedia

• Sales Tax Audit — A sales tax audit is the examination of a company’s financial documents by a U.S. state’s tax agency to verify if they have collected the correct amount of sales tax from their customers. Purpose The purpose of a sales tax audit is to examine the …   Wikipedia

• Gross receipts tax — A gross receipts tax, sometimes referred to as a 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 services… …   Wikipedia

• gross receipts — The entire earnings of a business without deduction; the total as opposed to the net. Greene County Bldg. & Loan Asso. v Milner Hotels, Inc. 240 Mo App 1048, 227 SW2d 111. For the purpose of a sales tax:–the proceeds of sales of personal property …   Ballentine's law dictionary

• Gross Receipts — A tax term relating to the total business revenue from services provided that must be reported for the fiscal period. Gross receipts do not account for sales returns and allowances, cost of goods sold or any other deductible expenses. Gross… …   Investment dictionary

• gross receipts — ➔ receipt1 * * * gross receipts UK US noun [plural] FINANCE, ACCOUNTING, COMMERCE ► the profits from particular sales before any costs or taxes have been paid: »Moviegoers bought $2.19 billion of tickets this summer, down slightly from last… …   Financial and business terms