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DELAWARE DIVISION OF REVENUE LM GROSS RECEIPTS TAX RETURN FORM LM2 9501 ACCOUNT NUMBER TAX PERIOD ENDING DUE ON OR BE FORE BUSINESS CODE GROUP DESCRIPTION 0-000000000-000 01-31-07 02-20-07 360 WHO

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What is gross receipts tax return?

A gross receipts tax return is a form that businesses must file to report their total revenue or sales during a specific period of time.

Who is required to file gross receipts tax return?

Businesses that meet certain criteria set by the tax authority are required to file a gross receipts tax return. The criteria may include factors such as business type, annual revenue, and location.

How to fill out gross receipts tax return?

To fill out a gross receipts tax return, businesses need to include information about their total revenue or sales, deductions, and any applicable tax rates. The specific process may vary depending on the tax authority and form used.

What is the purpose of gross receipts tax return?

The purpose of a gross receipts tax return is to calculate and report the amount of gross receipts or sales made by a business within a given period. This information is used to determine the taxation owed by the business.

What information must be reported on gross receipts tax return?

The information that must be reported on a gross receipts tax return typically includes the total revenue or sales generated by the business, any deductions or credits applicable, and details about the tax rates used for calculation.

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