If the miscellaneous gross receipts tax is levied on utilities, why is there a charge for gross receipts tax on a customers bill?
Some utility companies itemize the gross receipts tax on the invoice they send to their customers. If a utility company chooses to separately charge its customers to recoup the gross receipts tax that the company pays, it must include the amount collected from customers as additional gross receipts. The utility company then pays tax on the total gross receipts, which includes the reimbursement amount collected.
Related Questions
- Does the miscellaneous gross receipts tax apply to utilities operated by municipalities and electric cooperatives?
- Do the newly released rates include the Transmission charge and the Pennsylvania Gross Receipts Tax?
- How does a utility company get set up to report and pay the miscellaneous gross receipts tax?
