In determining whether an asset is tangible or intangible personal property for the purpose of sales and
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In determining whether an asset is tangible or intangible personal property for the purpose of sales and use taxation, do the following play any role? If yes, why?
A. The taxpayer’s treatment of that asset on its federal income tax returns B. The taxpayer’s treatment of that asset on its financial statements
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Related Book For
State And Local Taxation Principles And Practices
ISBN: 9781604270952
3rd Edition
Authors: Sanjay Gupta, John Karayan, Joseph Neff, Charles Swenson
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