Ordinance 1960-93 - Laserfiche WebLink

• • in the determination of which the deductions allowed would not constitute the tax on income tax or value added tax; c. The tax is also not, pursuant to law or custom, separately stated from the sales price; and d. The tax is not a sales or use tax, franchise fee, royalty or severance tax measured by volume or weight, or concession charge, or payment for the use and enjoyment of property, property right or a privilege. Section 8 : Exclusions and Deductions--Deduction from Multiple-Activity Sales at Wholesale or Retail for Interstate Manufacturing/Extracting. A person subject to tax under subsection C of Section 4 (making sales at wholesale or retail) may deduct from the gross proceeds of sales the amount of the value of products extracted or manufactured outside the state if and to the extent the products were subjected to an eligible gross receipts tax (as defined in Sections 7 and 10) elsewhere on manufacturing or extracting activity. The deduction for any transaction shall not exceed the amount of the transaction reported as part of the gross proceeds of sales under subsection C of Section 4 . Section 9 : Exclusions and Deduction--Multiple-Activity Exclusion on Extraction and/or Manufacturing for City-Taxed Selling and Deduction for Other Taxed Activity. A. Exclusion of Everett-taxed Selling. A person taxable under subsection C of Section 4 (making sales at wholesale of retail) on products sold within Everett may exclude from the measure of the tax under subsections A and B of Section 4 (extracting and/or manufacturing respectively) those amounts the taxpayer used in measuring the tax payable under subsection C of Section 4 (retailing and/or wholesaling) . B. Deduction for Everett Manufacturer for Activity Taxed Elsewhere. A person taxable under subsection B (engaging in manufacturing) of Section 4 may deduct from the measure of the tax: 1. The value of ingredients extracted outside the state if and to the extent that the taxpayer used 12