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Mighty Manny,Incorporated,manufactures and Services Deli Machinery and Distributes It Across

Question 45

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Mighty Manny,Incorporated,manufactures and services deli machinery and distributes it across the United States.Mighty Manny is incorporated and headquartered in New Jersey.It has sales tax nexus in Connecticut,New Jersey,New York,Pennsylvania,Rhode Island,and South Carolina.Mighty Manny has sales as follows:
Mighty Manny,Incorporated,manufactures and services deli machinery and distributes it across the United States.Mighty Manny is incorporated and headquartered in New Jersey.It has sales tax nexus in Connecticut,New Jersey,New York,Pennsylvania,Rhode Island,and South Carolina.Mighty Manny has sales as follows:    Assume the following sales tax rates: Connecticut (6.75 percent),New Jersey (7.5 percent),New York (8.5 percent),Pennsylvania (6.5 percent),Rhode Island (7.25 percent),and South Carolina (5.5 percent).Assume that Connecticut also taxes Mighty Manny's services.What is Mighty Manny's total sales and use tax liability? Assume the following sales tax rates: Connecticut (6.75 percent),New Jersey (7.5 percent),New York (8.5 percent),Pennsylvania (6.5 percent),Rhode Island (7.25 percent),and South Carolina (5.5 percent).Assume that Connecticut also taxes Mighty Manny's services.What is Mighty Manny's total sales and use tax liability?

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$233,626.($398,495 × 6.75 perc...

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