Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please and thank you!!! SHI Is a reseller therefore we do not make our own products. We act as the middle man for purchasing prewritten

please and thank you!!!
image text in transcribed
image text in transcribed
SHI Is a reseller therefore we do not make our own products. We act as the middle man for purchasing prewritten computer soffwan \& hardware Given this information and the information listed on the SAIES AND USETAX REGULATION, please answer questions 6 and 7, utilizine the document provided. 6.) Customer XYZ located in California purchases Adobe Acrobat Pro License from SHI internatiorial Corp. SHI receives documentation from Adobe confirming that the customer received the license in the form of remote communication folivered electronically) and Adobe will not be sending tangible storage media. Is the sales of the license a taxable transaction and why or Why not? 7) Along with the purchase in question 6 , the customer decided to purchase the maintenance agreement which entitles them to any improvements or error corrections that have been made to the initial license over the course of 12 months. This is not a required purchase with the license and is something the customer opted to buy. The charge for the maintenance agreement will be a separate charge to the customer. Adobe has confirmed that any improvements or corrections to the software over the course of the maintenance contract will be shipped to them in the form of tangible storage media. Is the sales of the maintenance a taxable transaction and why or why not? And is there any variation to the rate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Database Management

Authors: Jeffrey A. Hoffer, Heikki Topi, Ramesh Venkataraman

1st edition

133405680, 9780133547702 , 978-0133405682

More Books

Students also viewed these Databases questions

Question

How far would the negative easement extend in distance?

Answered: 1 week ago

Question

3. Design a program for preparing for cross-cultural assignments.

Answered: 1 week ago

Question

2. Develop a program for effectively managing diversity.

Answered: 1 week ago

Question

7. What is coaching? Is there only one type of coaching? Explain.

Answered: 1 week ago