Gross receipts taxes are spreading across the country. These include the Washington Business & Occupational License Tax, the Ohio Commercial Activities Tax, and the Kentucky Limited Liability Entity Tax; gross receipts taxes have been implemented in other states like Delaware, Hawaii, New Mexico, and Nevada as well as localities in other states. Given this, it is important to understand the issues that arise in managing these taxes for your company and your clients who derive receipts from these jurisdictions.
Recognize the various types of gross receipts taxes
Identify whether any gross receipts taxes apply to business activities in various jurisdictions.
Investigate if there is potential liability for unpaid gross receipts taxes at your company or clients.
Consider different approaches to where to best house the responsibility for managing gross receipts taxes.
Bingham Greenebaum Doll
Partner and Chair, Tax & Finance Group
[email protected]
(502) 587-3552
Mark's areas of practice concentration are state, local and federal tax controversy resolution, litigation and planning. Mark’s practice includes acting as an advocate for clients in resolving disputes with state and local tax authorities (e.g., Kentucky Department of Revenue, Louisville Metro Revenue Commission, etc.) as well as federal administrative agencies including the Internal Revenue Service (IRS), the Alcohol and Tobacco Tax and Trade Bureau (TTB), and the U.S. Department of Agriculture’s Commodity Credit Corporation. He has counseled and advocated for clients with issues involving state and local income, gross receipts, sales and use, property, franchise/license and various excise taxes (e.g., cigarette, other tobacco products, motor fuel, motor vehicle, U-Drive-It, etc.) as well as federal income and excise taxes. Mark also has experience working in industry where he managed the state and local tax and federal excise tax planning and audit defense functions of a multi-billion dollar manufacturing concern.