“Gross receipts” means the total of amounts actually received or receivable from sales and the total amounts actually received for the performance of any act or service, of whatever nature it may be, for which a charge is made or credit is allowed, including interest and carrying charges in connection with sales, whether or not such act or service is done as a part of or in connection with the sale of materials, goods, wares, or merchandise. Included in “gross receipts” shall be all receipts, cash, credits and property of any kind or nature without any deduction therefrom on account of the cost of the property sold, the cost of materials used, labor or service costs, interest paid or payable or losses or other expenses whatsoever.

Excluded from “gross receipts” shall be the following:

A. Cash discounts allowed and taken on sales;

B. Sales, use or transient occupancy taxes required by law to be included in or added to the purchase price and collected from the consumer or purchaser;

C. Such part of the sale price of property returned by purchasers upon recision of the contract of sale as is refunded in either cash or by credit;

D. Amounts collected for others where the business is acting as an agent or trustee to the extent that such amounts are paid to those for whom collected, provided the agent or trustee has furnished the collector with the names and addresses of the others and the amounts paid to them;

E. Receipts of refundable deposits, except that refundable deposits forfeited and taken into the income of the business shall not be excluded;

F. As to a retail gasoline dealer, a portion of his receipts from the sale of motor vehicle fuels equal to the motor vehicle fuel license tax imposed by and previously paid under the provisions of Part 2 Division 2 of the Revenue and Taxation Code of the state;

G. As to a retail gasoline dealer, the special motor fuel tax imposed by Section 4041 of Title 26 of United States Code if paid by the dealer or collected by him from the consumer or purchaser. (Ord. 77-11 § 1f, 1977)