including cargo van, pickup truck or truck with a gross vehicle weight of. (1) The total amounts received or accrued by the person from the sale or lease of property held primarily for sale or lease in the ordinary course. In instances where a taxpayer derives income from more than one type of activity, separate gross receipts tax reporting is required. This gross receipts tax is a substitute for the property tax on a short-term. Under section 993 (f), for purposes of sections 991 through 996, the gross receipts of a person for a taxable year are. There are no deductions for the cost of goods or property sold, labor costs, interest expense, discount paid, delivery costs, state or federal taxes, or any other expenses allowed.īusiness and occupational gross receipts tax rates range from 0.0945% to 1.9914%, depending on the business activity. 530, as well as to provide an example of an item that is not a gross receipt because it does not contribute to the production of gross income. Unless otherwise specified by statute, the term “gross receipts” comprises the total receipts of a business received from goods sold and services rendered in the State. Short -Term Vehicle Rental Tax is based on gross sales derived from lease or rental of a vehicle (car, truck, etc.), whether made under a written or verbal. Gross Receipts fees charged to customers for a waiting period at the site before the concrete is poured and minimum load charges for smaller loads which are.
#WHAT ARE GROSS RECEIPTS REGISTRATION#
Step 3: Licensing and Registration Informationĭelaware does not impose a state or local sales tax, but does impose a gross receipts tax on the seller of goods (tangible or otherwise) or provider of services in the state. Step 2: Requirements for Delaware Businesses
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