gross receipts tax

noun

A tax on the total gross revenues of a company, regardless of their source

Meanings

noungross receipts tax (plural gross receipts taxes)

plural gross receipts taxes

  1. economicsA tax on the total gross revenues of a company, regardless of their source
Cite this entry
APA

gross receipts tax. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/gross%20receipts%20tax

MLA

“gross receipts tax.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/gross%20receipts%20tax. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “gross receipts tax,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/gross%20receipts%20tax.

Source: gross receipts tax on Wiktionary, CC BY-SA 4.0.