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Please clarify the size standard for Travel Agents. Do we use gross or net receipts?

April 26, 2017agents clarify gross NET receipts size standard Travel

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Please clarify the size standard for Travel Agents. Do we use gross or net receipts?

1 Answer

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The 13 CFR indicates in the footnotes for Travel Agents, that it is total revenues, excluding funds received in trust for an unaffiliated third party, such as bookings or sales subject to commissions. So it would be the net receipts.