menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Taxation of Business Entities
  4. Exam
    Exam 12: State and Local Taxes
  5. Question
    Businesses Must Collect Sales Tax Only in States Where It
Solved

Businesses Must Collect Sales Tax Only in States Where It

Question 34

Question 34

True/False

Businesses must collect sales tax only in states where it has sales and use tax nexus.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: The state tax base is computed by

Q21: Failure to collect and remit sales taxes

Q30: Mahre,Incorporated,a New York corporation,runs ski tours in

Q34: List the steps necessary to determine an

Q35: Tennis Pro has the following sales,payroll and

Q38: The throwback rule requires a company,for apportionment

Q76: Wyoming imposes an income tax on corporations.

Q94: Roxy operates a dress shop in Arlington,

Q116: The annual value of rented property is

Q134: All states employ some combination of sales

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines