Which pays the gross receipts tax (GRT)?Select one:a.Bankb.Franchise holderc.Hotel operatord.Insurance company
Question
Solution 1
The Gross Receipts Tax (GRT) is a tax on the total gross revenues of a company, regardless of their source. This tax is levied on the seller of goods or services rather than on the consumer.
a. Bank - Banks are typically subject to different types of taxes and regulations, not specifically the GRT Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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