About: Gross receipts tax

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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 often compared to a sales tax; the difference is that a gross receipts tax is levied upon the seller of goods or services, while a sales tax is nominally levied upon the buyer (although both are usually collected and paid to the government by the seller). 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 lifecycle.

Attributes	Values
rdf:type	yago:WikicatSalesTaxes yago:Abstraction100002137 yago:Charge113400798 yago:Excise113316332 yago:IndirectTax113313899 yago:Levy113308864 yago:Liabilities113396054 yago:Possession100032613 yago:Relation100031921 organisation yago:SalesTax113316568 yago:Tax113308999
rdfs:label	Gross receipts tax (en) Podatek obrotowy (pl)
rdfs:comment	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 often compared to a sales tax; the difference is that a gross receipts tax is levied upon the seller of goods or services, while a sales tax is nominally levied upon the buyer (although both are usually collected and paid to the government by the seller). 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 lifecycle. (en) Podatek obrotowy – podatek pośredni, płacony przez osoby i instytucje prowadzące działalność gospodarczą, stanowiący alternatywę dla podatku od wartości dodanej (VAT). Podstawę do opodatkowania stanowi pełny przychód ze sprzedanych dóbr – obrót (stąd nazwa). Jest zawsze liniowy, choć może obejmować zarówno wszystkie sprzedawane towary i usługi, jak również tylko te stanowiące produkt finalny, przeznaczony do użycia, zaś jego wysokość może się różnić w różnych rejonach kraju (m.in. w USA). (pl)
dcterms:subject	Sales taxes Taxation in the United States
Wikipage page ID	9308005 (xsd:integer)
Wikipage revision ID	1122309867 (xsd:integer)
Link from a Wikipage to another Wikipage	Delaware Sales taxes Honolulu County, Hawaii Pennsylvania United States Vertical integration Taxation in the United States State income tax U.S. state Washington (state) Alabama Florida Natural gas Hawaii Texas Chicago Tribune Tax Sales taxes in the United States Philadelphia Illinois Nevada New Mexico Taxation and Revenue Department Ohio Oregon Turnover tax Sales tax
sameAs	Gross receipts tax Gross receipts tax Gross receipts tax Gross receipts tax Gross receipts tax
dbp:wikiPageUsesTemplate	dbt:Taxation
has abstract	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 often compared to a sales tax; the difference is that a gross receipts tax is levied upon the seller of goods or services, while a sales tax is nominally levied upon the buyer (although both are usually collected and paid to the government by the seller). 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 lifecycle. Another pyramid effect of the tax comes from the fact that such a tax by definition is levied against itself (in the sense that a business subject to a gross receipts tax will raise its prices to compensate, which in turn increases its gross revenue, which increases the tax owed, and so on in circles) and therefore amounts to a tax on tax. Thus, the actual tax rate of a gross receipts tax is always slightly higher than the nominal tax rate. This is easiest to discern in jurisdictions like Hawaii where businesses are allowed to visibly pass on gross excise tax to their customers. (en) Podatek obrotowy – podatek pośredni, płacony przez osoby i instytucje prowadzące działalność gospodarczą, stanowiący alternatywę dla podatku od wartości dodanej (VAT). Podstawę do opodatkowania stanowi pełny przychód ze sprzedanych dóbr – obrót (stąd nazwa). Jest zawsze liniowy, choć może obejmować zarówno wszystkie sprzedawane towary i usługi, jak również tylko te stanowiące produkt finalny, przeznaczony do użycia, zaś jego wysokość może się różnić w różnych rejonach kraju (m.in. w USA). Początkowo był naliczany od każdego towaru i usługi, przez co jego wysokość była bardzo różna dla różnych artykułów, w zależności od liczby etapów produkcji, co w efekcie prowadziło do opodatkowania podatku przy kolejnych etapach produkcji, przez co nazywano go podatkiem kumulacyjnym, wielofazowym i kaskadowym. Później ograniczono go do opodatkowania dobra tylko w chwili sprzedaży go ostatecznemu odbiorcy. Zalety podatku obrotowego to jego prostota, zniesienie VAT-u oraz akcyzy oraz ograniczenie liczby płatników przy jednoczesnym opodatkowaniu w sposób pośredni wszystkich obywateli, wadą zaś jest, w zależności czy obejmuje również półprodukty, konieczność stosowania podwójnych cen na niektóre artykuły (z podatkiem i bez), bądź wielokrotne opodatkowywanie tego samego dobra, najpierw jako półproduktów, później jako towaru finalnego. (pl)
gold:hypernym	Tax
prov:wasDerivedFrom	wikipedia-en:Gross_receipts_tax?oldid=1122309867&ns=0
page length (characters) of wiki page	8555 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Gross_receipts_tax
is Link from a Wikipage to another Wikipage of	Privilege tax Dennis Hastert Pat Spearman United Gas Pipe Line Co. v. Ideal Cement Co. Value-added tax International taxation November 2012 San Francisco general election Complete Auto Transit, Inc. v. Brady Constitution of Texas Transaction privilege tax Ad valorem tax Tom Carper Washington (state) West Virginia 2016 Oregon Ballot Measure 97 Alamogordo, New Mexico Economy of Taiwan Ernie Fletcher North Central Regional Transit District Grosjean v. American Press Co. Hans Ustrud Hawaii Health Care Justice Act Ted Wheeler Economy of New Mexico Economy of Washington (state) Sales taxes in the United States Business and occupation tax South San Francisco, California Spessard Holland Gross Receipts Tax Gross receipts taxes New Mexico Turnover tax List of taxes X tax Taxation in New Mexico Gross excise tax Gross excise taxes Gross receipt tax Gross receipt taxes Gross reciept tax

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