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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.
Two states, South Dakota and West Virginia, abolished Depression-era income taxes in 1942 and 1943, but these were nearly the last abolitions. For about twenty years after World War II, new state income taxes appeared at a somewhat slower pace, and most were corporate net income or corporate franchise taxes: [ 72 ] [ 73 ]
In simple terms, net pay is the money you take home directly from your paycheck. For example, if someone gets paid $1,200 per week but $160 is taken away by deductions, that person's net pay is ...
The tipped wage is base wage paid to an employee in the United States who receives a substantial portion of their compensation from tips.According to a common labor law provision referred to as a "tip credit", the employee must earn at least the state's minimum wage when tips and wages are combined or the employer is required to increase the wage to fulfill that threshold.
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Jan. 3—MORGANTOWN — West Virginia ranks 40th nationwide for median annual pay for registered nurses, according to a report in Becker's Hospital Review. We asked WVU Medicine and Mon Health was ...
West Virginia: $36,860 $58,638 50 Arkansas: $36,680 $56,800 51 Mississippi: $35,070 $51,608 52 Puerto Rico: $20,100 [5] No data — American Samoa: No data No data — Guam: No data No data — Northern Mariana Islands: No data No data — U.S. Virgin Islands: No data No data
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