WaterWorks Corporation has decided to sell off one of its amusement parks located in Texas. Several businesses

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WaterWorks Corporation has decided to sell off one of its amusement parks located in Texas. Several businesses have been identified as possible buyers. It is unlikely that one of these businesses will purchase all of the assets of the amusement park, but WaterWorks is confident that it can sell all of the assets to various parties within a six-month period. Is this sale subject to Texas sales tax?

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Federal Tax Research

ISBN: 9780324659658

8th Edition

Authors: William A. Raabe, Gerald E. Whittenburg, Debra L. Sanders

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