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A gross-up clause is also used when a payment that is made will be subject to taxes and the payer makes an additional payment to indemnify the recipient against the taxes – that payment will also be subject to tax. The sequence of additional payment, tax calculation, additional payment continues until the recipient receives the same amount ...
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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 ...
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A huge search was underway Tuesday for a 64-year-old grandmother feared to have fallen down a 30-foot sinkhole in Pennsylvania while looking for her cat.. Elizabeth Pollard of Unity Township went ...
This map from Google Trends shows which Christmas cookies are the most searched for in America by state in 2024. See if your favorite made the list.
For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. It is opposed to net income , defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions).
Related: Rachel Weisz Says Husband Daniel Craig and Their Daughter, 4, Are 'Bonding' Over 'Star Wars' Alongside his younger daughter, Craig is dad to daughter Ella, 32, whom he shares with ex-wife ...