Title
A LEGISLATIVE ACT AMENDING TITLE 68 - REVENUE AND TAXATION OF THE CHEROKEE NATION CODE ANNOTATED; AMENDING CHAPTER 3 SECTION 31 - DEFINITIONS; AND ADDING NEW SECTION 35
Body
BE IT ENACTED BY THE CHEROKEE NATION:
Section 1. Title and Codification.
This act shall be known as the “The Cherokee Nation Revenue and Taxation Amendment Act of 2010” and codified as Title 68, Chapter 3, Section 31 and Section 35 of the Cherokee Nation Code Annotated.
Section 2. Purpose.
The purpose of this act is to amend CNCA Title 68 - Revenue and Taxation, to add new definitions and provisions for special event permits.
Section 3. Definitions - added.
Title 68 Chapter 3, Section 31 is hereby amended as follows, to include the following new definitions:
§ 31. Definitions
For purposes of this chapter:
A. "Retail sales tax" means a compulsory payment levied on the retail sales price on all items of value or goods or services, as further defined herein, for the support of the government of the Cherokee Nation.
B. "Business enterprise" means any activity engaged in or caused to be engaged in by any Person with object of gain, benefit, or advantage, either direct or indirect by retail sales of goods or services.
C. "Gross receipts" or "gross proceeds" means the total amount of consideration for the sales of any items of value or goods or services taxable under this chapter, whether the consideration is in money or otherwise. "Gross receipts" or "gross proceeds" shall include, but not be limited to:
1. Cash paid.
2. Any amount for which payment is charged, deferred, or otherwise to be made in the future, regardless of the time or manner of payment.
3. Any amount for which credit or a discount is allowed by the vendor.
4. Any value of a trade-in or other property accepted in kind by the vendor as consideration.
There shall not be any deduction from the gross receipts or gross proceeds on account of cost of the property sold, labor service performed, interest paid, or losses,...
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