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SLUMS Corporation
OBJECTORIENTED
GRAPHICAL MODELING SYSTEM
Version 6.2a 26 May 2006Part Number GSWG360526The information in this document is subject to change without notice and
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What is sl-gms?
SL-GMS stands for Sales and Use Tax Gross Margin Surcharge.
Who is required to file sl-gms?
Businesses that have gross revenues greater than $5 million are required to file SL-GMS.
How to fill out sl-gms?
SL-GMS can be filled out online through the state tax department's website or manually by submitting the required forms.
What is the purpose of sl-gms?
The purpose of SL-GMS is to impose a surcharge on businesses with high gross revenues in order to fund public services and infrastructure.
What information must be reported on sl-gms?
Businesses must report their gross revenues, any exempt sales, and calculate the surcharge based on their gross margins.
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