GROSS RECEIPTS
gross receipts.Tax. The total amount of money or other consideration received by a business
taxpayer for goods sold or services performed in a year, before deductions. IRC (26 USCA)§ 448;
26 CFR § 1.448-1T(f)(2)(iv). [Blacks Law 8th]
gross receipts.Tax. The total amount of money or other consideration received by a business
taxpayer for goods sold or services performed in a year, before deductions. IRC (26 USCA)§ 448;
26 CFR § 1.448-1T(f)(2)(iv). [Blacks Law 8th]