Gross Revenue vs Net Revenue Reporting: What’s the Difference?
Most nations rely on a value-added tax, or VAT, that taxes products at each stage of their production, including their final sale. Many of those nations also have income taxes but they make a relatively small contribution to total revenue. Revenue is the money earned by a company obtained primarily from the sale of its …
Gross Revenue vs Net Revenue Reporting: What’s the Difference? Read More »