§ 7-1203. DEFINITION OF GROSS RECEIPTS.

"Gross receipts" shall include the total of amounts actually received from sales and the total of amounts actually received for the performance of any act or service, of whatever nature it may be, for which a charge is made or credit allowed, whether or not such act or service is done as a part of or in connection with the sale of materials, goods, wares, or merchandise. Included in "gross receipts" shall be all receipts, cash, credits and property of any kind or nature, without any deduction therefrom on account of the cost of the property sold, the cost of the materials used, labor or service costs, interest paid or payable, or losses, or other expense whatsoever. Excluded from "gross receipts" shall be the following:

(a) Cash discounts allowed and taken on sales.

(b) Any tax collected from the consumer or purchaser and which is separately stated at time of sale.

(c) Such part of the sale price of property returned by purchasers upon rescission of the contract of sale as is refunded either in cash or by credit.

(d) Amounts collected for others where the business is acting as an agent or trustee to the extent that such amounts are paid to those for whom collected, provided the agent or trustee has furnished the Director with the names and addresses of the others and the amounts paid to them.

(e) Receipts of refundable deposits, except that refundable deposits forfeited and taken into income of the business shall not be excluded.

(f) As to a retail gasoline dealer, a portion of his receipts from the sale of motor vehicle fuels equal to the motor vehicle fuel license tax imposed by and previously paid under the provisions of Part 2 of Division 2 of the Revenue and Taxation Code of the State of California.

(g) As to a retail gasoline dealer, the special motor fuel tax imposed by Section 4041 of Title 26 of the United States Code if paid by the dealer or collected by him from the consumer or purchaser. (Added Ord. 68-110, 1968; Am. Ord. 80-71, § 1, eff. 6-6-80).