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 ?
Cassidy spearheaded the inclusion of a provision in the tax reform legislation President Trump signed into law in December that increases revenue sharing for Gulf states.
The excess is allocated to the accounts of participants in proportion to the amounts of revenue sharing paid by each account.
Accordingly, plan sponsors need to understand the basic principles of a plan fiduciary's duty to monitor non-fiduciary service providers and their revenue sharing arrangements.
For example, participants who invest in an option for which the revenue sharing exceeds the fixed rate will receive a credit, while participants who invest in options for which the revenue sharing falls below the fixed rate are assessed a fee to make up the difference.
55% of revenues to all offshore energy producing states, move the date on which revenue is shared with energy producing Gulf coast states from 2017 to 2014, and phase out the current cap on revenue sharing for these states.
id=6172832&campaign=rss&source=ESPNHeadlines) for speaking out against revenue sharing in an interview with the Boston Globe.
Thomas Varghese, CEO of Aditya Birla Retail said that over the course of the last few months, the firm has entered into revenue sharing arrangements, particularly in the case of their large format stores.
Revenue sharing is the soft dollar arrangements between mutual fund companies and brokerage firms or insurance companies, and is used to entice brokers to offer a certain fund or fund family.
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.
On the revenue side, the issues are more diverse, with revenue sharing, the income from new stadiums, and franchise migration all generating a share of controversy.