Occupational Taxes

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Occupational Taxes

Taxes and fees levied on particular jobs and businesses. A liquor license for a bar and a health permit for a restaurant are both examples of occupational taxes. In the United States, occupational taxes are assessed at the state and local levels and generally are flat fees.
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8331, specifically, 'for their failure to pay Occupational Tax and Occupational Permit Fee and failure to secure Health certificate for its 12 service personnel and nine foreign workers acting as guest relation officers.'
Business permits will be issued upon compliance of the following initial requirements: filled-out application form, assessment sheet with official receipt (OR) of payment, original barangay clearance with OR, DTI/SEC Certificate of Registration and Articles of Incorporation, certificate of property holdings, if lessor, Community Tax Certificates of Business and its employees, occupational tax or professional tax of employees and notarized undertaking to comply with all other regulatory requirements within 60 days from receipt of business permit.
Municipalities can establish an occupational tax of up to 3% on recreational marijuana sales beyond the normal sales tax.
The auditor will have the right to require the business to show sales tax returns; excise tax returns; documentation for use tax, retail sales tax, business and occupational tax; and all critical records related to the business.
During fiscal 2011, the county's occupational tax was ruled invalid after many years of litigation, eliminating a potent funding source which constituted over 25% of general fund revenues as recently as fiscal 2008.
FFLBizHub.com is a modern software application to launch, manage and grow FFL and Special Occupational Tax (SOT) holders.
* The repeal of the Special Occupational Tax in 2004 gave wineries an annual savings of $500 to $1,000, depending on the size of the winery;
defined an occupational tax as a tax "that in practical effect
It would impose a 50 percent federal excise tax on producers' sales to processors, levy an "occupational tax" of $1,000 per year on producers, importers and manufacturers (and $500 per year on others engaged in the marijuana industry), impose civil and criminal penalties for skirting the taxes, and require the Internal Revenue Service to do a study of the industry after two years, and every five years after that, and report to Congress on how to improve administration of the tax.
Lawyers for the strip clubs have said the fee was an unconstitutional occupational tax because it failed to designate 25 percent of the money to be collected for public education.
Halfpricesoft.com, the Kentucky-based payroll tax software solution provider for small businesses and non-profits, released the new edition of ezPaycheck software, which enable users to include deductions unique to their city or local area, including occupational tax.

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