Using one month's gross receipts of $72,000, we do the calculation this way: $72,000 - $50,000 = $22,000 $22,000 x .05 = $1,100 $1,100 + base of $1,000 = month's rent of $2,100. 2. Minimum base rent + percentage of all gross receipts: Here, we don't set a bottom line revenue before the percentage kicks in. Rent is paid on all gross receipts from zero. Example: $500 base rent + 2% of gross business receipts.
Insurance Premium Tax (IPT) is a tax on general insurance premiums. There are 2 rates: 1  a standard rate 9.5%.  a higher rate 20% - for travel insurance, mechanical/electrical appliances insurance and some vehicle insurance.
Isopropyl Î²-D-1-thiogalactopyranoside (IPTG) is a molecular biology reagent.This compound is a molecular mimic of allolactose, a lactose metabolite that triggers transcription of the lac operon, and it is therefore used to induce protein expression where the gene is under the control of the lac operator.or induction, a sterile, filtered 1 M solution of IPTG is typically added by 1:1000 dilution into a logarithmically growing bacterial culture, however, different final concentration of IPTG may also be used.