Armstrong Incorporated, a Texas corporation, runs bicycle tours in several states. Armstrong also has a Texas retail

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Armstrong Incorporated, a Texas corporation, runs bicycle tours in several states. Armstrong also has a Texas retail store and an Internet store that ships to out-of-state customers. The bicycle tours operate in Colorado, North Carolina, and Texas where Armstrong has employees and owns and uses tangible personal property. Armstrong has real property only in Texas and logs the following sales:

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Assume the following tax rates: Arizona (5.6 percent), California (7.75 percent), Colorado (8 percent), North Carolina (6.75 percent), Oregon (8 percent), and Texas (8.5 percent). How much sales and use tax must Armstrong collect and remit?
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Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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