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What is a gross receipts tax, as in Delaware?

April 26, 2017Delaware gross Law receipts tax taxes

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What is a gross receipts tax, as in Delaware?

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Delaware does not have a statewide or local sales tax, but the gross receipts tax is their answer to sales tax. It is basically a tax on businesses for the sales of good and services. Even though sales tax is not added on to items purchased in Delaware businesses figure in the gross receipts tax when they price their goods. http://needacfo.blogspot.com/201…