Ad
related to: gwinnett county business occupation taxwonderful features with reasonable cost - G2 Crow
Search results
Results from the WOW.Com Content Network
The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.
Various state and local taxing authorities in the US require an employer or the employee to withhold and remit a tax on the wages paid to an employee. Some states require both the employer and employee to remit a portion of the total occupational privilege tax (OPT), while others only require one or the other to do so. [1]
For example, Washington state does not have an income tax but levies a B&O (business and occupation tax) which is arguably a larger burden because the B&O tax is calculated as a percentage of revenue rather than a percentage of net income, like the corporate income tax. This means even loss-making enterprises are required to pay the tax.
POULSBO — A new business and occupation tax that will fund a city administrator to lead operations in the growing community of Poulsbo will take effect July 1.
The Gwinnett Chamber is responsible for bringing at least 5,000 new jobs to the county in the past 24 months. [1] The Gwinnett Chamber represents business organizations seeking to further their collective interests while advancing their community, region, state or nation through voluntary networks and societies. [2]
In 1813, Fort Daniel was created during the War of 1812 in territory that would become Gwinnett County. [9] The county was created in 1818 by an act of the Georgia General Assembly, Gwinnett County was formed from parts of Jackson County (formerly part of Franklin County) and from lands gained through the cession of Creek Indian lands.
Hawaii - Hawaii imposes its General Excise Tax (GET) as a gross receipts tax on all business done in Hawaii, at 0.5% for wholesaling and manufacturing, 0.15% for insurance commissions, and 4% (4.5% in Honolulu County) for all other activities. Businesses may pass on the GET as a sales-tax-like surcharge but are not required to do so. [2]
This page was last edited on 21 January 2014, at 22:45 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.