Revenue sharing

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Revenue sharing

The percentage split between the general partner and limited partners of profits and losses resulting from the operation of the involved business.

Revenue Sharing

1. The practice of splitting a company's profits and losses between parties. For example, a partnership shares revenue between partners in accordance with each one's share in the company. Alternatively, revenue sharing may indicate any arrangement where a company gives a portion of its profits to its employees or other companies in an alliance.

2. The practice of a government giving a portion of tax revenue to subdivisions of government. For example, a province may apportion a certain percentage of the taxes it collects to municipalities and a national government may do the same for its provinces. In the United States, the federal government practiced revenue sharing with the states until the 1980s, when the Reagan administration stopped the practice to reduce the national deficit.
References in periodicals archive ?
The 2015-16 Municipal Revenue Sharing total will represent a 108.
Only by providing additional oil and natural gas lease sales in more of the OCS can this theoretical revenue sharing become reality.
Counties have saved the state more than a billion dollars since 2005 when they temporarily gave up revenue sharing payments from the state in an effort to help the state with its budget problem.
That is, revenue sharing payees' Marlins and Pirates are profitable and the reason they are profitable is revenue sharing.
In a revenue sharing model, the retailer pays a fixed percentage of the profits generated by the outlet.
Despite Thursday being the fourth owners meeting in six months devoted to revenue sharing and labor issues, they show few signs of being resolved soon.
Armed with knowledge, the fiduciaries can then decide on the extent to which revenue-sharing arrangements should be used on behalf of participants and control how revenue sharing is spent.
That is, a complicated and tough-to-police revenue sharing scheme that includes a "Commissioner's Pool" that would distribute money to small market clubs and a 50 percent luxury tax on payrolls in excess of $84 million.
Richard Trask is president of the Revenue Sharing Association, San Francisco.
Vendors offering revenue sharing packages want exclusive access to your building, which is not in your best interest or that of your tenants.
We couldn't compete without revenue sharing or the salary cap," says Robert E.
This feature was only turned on for the smaller communities that use Userplane tools for free, and did not include revenue sharing.