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(8) Investment income not directly related to the privilege exercised <br />by a licensable business not classified as rendering financial services. This exclusion <br />shall apply to interest on bank accounts of the business, and to interest, dividends and <br />other income derived from the investment of its own funds in securities and other types <br />of investments unrelated to the licensed privilege. This exclusion shall not apply to <br />interest, late fees and similar income attributable to an installment sale or other <br />transaction that occurred in the regular course of business. <br /> <br /> (9) Gross receipts for license tax purposes shall not include the license <br />and admission taxes established under §§59.1-392 and 59.1-393 of the Code of Virginia, <br />respectively, nor shall it include pari-mutual wagering pools as established under §59.1- <br />392 of the Code of Virginia. <br /> <br /> (10) Gross receipts of real estate brokers for license tax purposes shall <br />not include amounts received by such broker which arise from real estate sales <br />transactions to the extent that such amounts are paid to a real estate agent as a <br />commission on any real estate transaction and the agent is subject to a business license <br />tax on such receipts. The broker claiming this exclusion shall identify to the assessor <br />each agent to whom the excluded receipts have been paid, and the jurisdiction in the <br />Commonwealth to which the agent is subject to business license taxes. <br /> <br /> (10 Whenever a motor vehicle dealer accepts a trade-in as part of a <br />sale of a motor vehicle, the dealer's gross receipts for license tax purpose~ shall not <br />include the amount of the trade-in. <br /> <br /> (12) Gross.receipts of proriders of funeral services fo_r lice_nse tax <br />purposes shall not include amounts collected by any prorider of funeral services on <br />behalf of,, and paid to, another person provi~.'ng goods or services in connection with a <br />funeral This exclusion shall apply if the goods or services were. contracted for by .the <br />provider of funeral services or his' customer, A prorider of funeral services claiming <br />this exclusion shall identijfi.2 each person to whom the excluded receipts have been paid <br />and the amount of the exclude. d receipts paid by the prorider of funeral services to such <br />perso:t A "provider of funeral services" means any person engaged in the funeral <br />service profession, operating a funeral service establishment, or acting as a funeral <br />director or embalmer. <br /> <br /> (13) Gross recdpts for license tax purposes shall not include <br />employee benefits paid by asta. t~mg firm to, or for the benefit of,, any contract <br />ejnployee for the period of time that the contract employee is actually employed for the <br />use of the client company p.ursu.afit to the terms of a PE.O services contract .or <br />temporary hdp.services contract The taxable gross receipts of a staf~ng firm sh. all <br />include any administrative fe~ received by such firms from a client company, whether <br />on a fee.for. services basis or as a percentage of total receiptS from the client company. <br />For the purpose of this provision, "client company" means any individa. al, corporation, <br />partnership, associ.ation, company, business, trust, joint venture, or other legal entity <br />that enters into a contract with a staffing firm by which the staffing firm, for a fee, <br /> <br /> <br />