6004-S AMS WAGO S4564.1
SSB 6004 - S AMD 818
By Senator Wagoner
PULLED 04/27/2019
On page 3 beginning on line 33, strike all of subsection (5) and insert the following:
"(5) Upon every person engaging within this state in the business of acting as a travel agent or tour operator and whose annual taxable amount for the prior calendar year was two hundred fifty thousand dollars or less; as to such persons the amount of the tax with respect to such activities is equal to the gross income derived from such activities multiplied by the rate of 0.275 percent."
EFFECT: Maintains the preferential business and occupation tax rate for travel agents and tour operators whose annual gross income is two hundred fifty thousand dollars or less.
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