States can levy a sales tax on items sold online to a customer in a different state
Question:
States can levy a sales tax on items sold online to a customer in a different state if ________.
A. The business has a nexus with that state
B. There is an contract between the business and the state comptroller
C. The items sold are over $300
D. The business is one that only sells foreign-made items
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
States can levy a sales tax on items sold online to a customer i...View the full answer
Answered By
Saleem Abbas
Have worked in academic writing for an a years as my part-time job.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
The balance sheet data for Alans Lightworks, Corp., at August 31, 2012, and September 30, 2012, follow: Requirement 1. The following are three independent assumptions about the business during...
-
The following data have been compiled for an input/output report at Work Center 7. Complete the report and analyze theresults. Period1 2 34 Planned input 55 60 65 65 Actual input Deviation 50 50 5560...
-
A ring of radius R that lies in the horizontal (xy) plane carries a charge Q uniformly distributed over its length. A mass m carries a charge q whose sign is opposite that of Q. (a) What is the...
-
18.2A Dorchester Slugg Limited manufactures plastic refuse bins. Its monthly budget for August 20X6 is as follows: Sales: 4 000 unitsX18 72000 Costs Direct materials: 4000 (7kg x 1) (28 000) Direct...
-
Imperial Bikes Co. is a wholesaler of motorcycle supplies. An aging of the companys accounts receivable on December 31, 2012, and a historical analysis of the percentage of uncollectible accounts in...
-
Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. @ $4.40 per Ib.) Direct labor (6 hrs. @ $14 per hr.) Factory overhead-Variable (6 hrs. @ $8 per...
-
As a general rule, LLCs, GPs, and SPs are taxed as ________. A. Corporations B. Not taxed C. Individuals D. Taxed twice, once as entity and once as individuals
-
Sole proprietorships ________. A. Must register with the state B. Are similar to general partnerships in terms of liability C. Are similar to LLCs in terms of liability D. Are not allowed by law to...
-
On August 4, Big Luggage Super Store (BLSS) had eight identical black briefcases in stock. The cost of each briefcase is given in the following list in the order that the briefcases were purchased....
-
The Role of Leadership in Shaping Organizational Culture Recent research stated that [c]ompanies with an established organizational culture that includes strong capabilities for change, commitment to...
-
Unscheduled absences by clerical and production workers are an important cost in many companies. Reducing the rate of absenteeism is, therefore, an important goal for a company's human relations...
-
Many of the largest tech firms, including Google, Apple, Amazon, and Microsoft, have spent hundreds of millions of dollars to improve their information technology infrastructure. Now, these companies...
-
In the business sense, a product refers to a commodity available for purchase, encompassing both services and tangible or intangible items. It may exist in physical, virtual, or cyber forms. Every...
-
Data Exploration and Multiple Linear Regression (MLR) using SAS. The "College" data set contains the statistics for many US Colleges from 1995 issue of US News and World Report. It has 777...
-
Explain the factors that have led to the development of automated guided vehicles. Do automated guided vehicles have any limitations? Explain.
-
A company produces earbuds. The revenue from the sale of x units of these earbuds is R = 8x. The cost to produce x units of earbuds is C = 3x + 1500. In what interval will the company at least break...
-
How are savings bonds different from a corporate bond?
-
A convertible bond can be converted into ________. A. Preferred stock B. Common stock and then converted into preferred stock C. Common stock of a different company D. Common stock of the company
-
Irving Inc. sold bonds with a $50,000, 10% interest, and 10-year term at $52,000. What is the total amount of interest expense over the life of the bonds?
-
. Nidhiram, an indian citizen left Bangladesh on June 30, 2019 after living in Bangladesh for 2 years. Before last 2 years, he worked in Bangladesh for 5 years. He came back to Bangladesh on February...
-
Hisaishi Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Total Activity Fabrication 80,000 machine-hours Order processing 400 orders...
-
Incorrect answer iconYour answer is incorrect. On January 1, 2021, Crane Corporation had 1,030,000 shares of common stock outstanding. On March 1, the corporation issued 120,000 new shares to raise...
Study smarter with the SolutionInn App