B&O Tax Information

The City Business and Occupation (B&O) tax is a gross receipts tax.  It is measured on the value of products, gross proceeds of sales, or gross income of the business.  Washington, unlike many other states, does not have an income tax.  Both Washington and City of Ruston's B&O tax are calculated on the gross income from activities.  This means there are no deductions from the B&O taxable income for labor, materials, or other costs of doing business.

In order to comply with RMC 5.01.010, the City of Ruston Business and Occupation tax is filed quarterly and is based on quarterly gross receipts equal to or greater than $5,000 or annual gross receipts equal to or greater than $20,000.  If gross receipts are less than the amount noted, a return must be filed but the amount due would be zero.  

To avoid a late penalty your tax return must be received on or before the due date.  If a tax return is past due, the following penalties must be included in your payment, even if not tax is due.

          1 to 30 Days Delinquent           5% Penalty, $5 Minimum
        31 to 60 Days Delinquent         15% Penalty, $5 Minimum
        61 or More Days Delinquent     25% Penalty, $5 Minimum

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