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Old 01-28-2010, 02:34 PM
Excaliber Excaliber is offline
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Quote:
gross receipts tax
Ah, finally some light on the subject, it's a MINIMUM tax up from $10 to $140.

Gross reciepts: Hawaii called it an "excise tax", 4.7%. Regardless of profit or loss you paid that minimum tax. It's a real killer for a new business trying to come up to speed, in the first year or two especially. I ALWAYS passed it onto consumers when I had the chance.
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