Mahre, Incorporated, a New York corporation, runs ski tours in a several states. Mahre also has a
Question:
Mahre, Incorporated, a New York corporation, runs ski tours in a several states. Mahre also has a New York retail store and an Internet store which ships to out of state customers. The ski tours operate in Maine, New Hampshire, and Vermont where Mahre has employees and owns and uses tangible personal property. Mahre has real property only in New York. Mahre has the following sales:
State | Goods | Services | Total |
Alaska | $23,220 | $0 | $23,220 |
Colorado | 10,638 | 0 | 10,638 |
Maine | 36,004 | 156,175 | 192,179 |
New Hampshire | 26,825 | 325,626 | 352,451 |
New York | 65,548 | 0 | 65,548 |
Vermont | 42,086 | 277,688 | 319,774 |
Totals | 204,321 | 759,489 | 963,810 |
Assume the following sales tax rates: Alaska (0 percent), Colorado (7.75 percent), Maine (8.5 percent), New Hampshire (0 percent), New York (8 percent), and Vermont (5 percent). How much sales and use tax must Mahre collect and remit?
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