Taxes are imposed on the total gross receipts of taxable businesses, with the exception of prime contractors, who are taxed on 65% of their gross receipts. All gross receipts for a person subject to tax under a particular tax classification are subject to tax unless otherwise specifically exempted or excluded by statute. Exemptions and deductions of one tax classification may not be used under another classification unless specifically delineated.
Businesses pay taxes based on their total revenue, except prime contractors who are taxed on 65% of their income. All earnings of a taxpayer under a specific tax category are subject to taxation unless exempted or excluded by law.  Exemptions and deductions from one tax category cannot be applied to another unless specifically stated.