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:

Related Book For book-img-for-question

Entrepreneurship

ISBN: 9781975076344

1st Edition

Authors: OpenStax

See More Books

Question Posted: Oct 19, 2023 03:27 AM

See More 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...
Please read the following two articles on the link between lead exposure and crime. Are these factors truly biological, or do they simply reflect economic inequality? Which factor should policy...
In a vibration study, certain airplane components were subjected to severe vibrations until they showed structural failures. Given the following failure times (in minutes), test whether they can be...
Roy Akins was the accounting manager at Zelco, Inc., a tire manufacturer, and he played golf with Hugh Stallings, the CEO, who was something of a celebrity in the community. The CEO stood to earn a...
Do you think that it would be more difficult to lead a non-profit group of employees versus a traditional organization? Why and why not? What type of leadership styles, skills, and qualities are...
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...
Describe the functions of the intestinal villi.
$\Delta$ denotes the Laplace operator defined by A function $\varphi$ satisfying $\Delta \varphi=0$ is called harmonic. (a) Show that $\Delta \varphi=\operatorname{div}(abla \varphi)$ for any...
How ethical is it for airlines, hotels, and other service providers to overbook their limited- capacity facilities intentionally, knowing that at some point they will have to turn away a customer...
Outline the principles identified in the Global Reporting Initiatives Sustainability Reporting Guidelines (G3.1) that define the content of corporate responsibility reports.
Suppose Winter Park Company has two plants the Salem plant and the Youngstown plant. The Youngstown plant produces only three components that are very similar in material and production...
American managers hate to see high-paid workers sitting idle, even maintenance employees. What is the alternative?
Mergecandor Corp. is considering the acquisition of Tenderon Inc. Mergecandor has 2 million shares outstanding selling at $30, or 7.5 times its earnings per share, and Tenderon has 1 million shares...
Show that the peak of the black body spectrum as a function of ? is given by eq. (22.14) kg T Wmax = 2.82
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?
Is there an expense, deduction or tax credit that currently does not exist, but you feel should exist? Give this tax credit a name and describe it: . Who should benefit from it? . Under what...
If you had to pick just one stock to invest in, what company would you choose to invest in and why? Make sure to include the company and the company's stock price in your answer. We will use that...
Successful mergers or acquisitions require a deep understanding of the target company. Discuss the importance of due diligence in a merger and some of what can go wrong without effective due...

States can levy a sales tax on items sold online to a customer in a different state

Question:

Step by Step Answer:

States can levy a sales tax on items sold online to a customer i...View the full answer

Entrepreneurship

Students also viewed these Business questions