Reference no: EM133041044

Subject- Internation Indirect Tax Pricing 3 Case studies: 

1.)Executive summary of case study

Answer the following questions for the case study.

2.)Problem identification 

3.)Analysis o Problem and Issues

4.)Evaluation of alternate solutions

5.)Recommendations

6.)Appendices-Tables, Texts, graphs,diagrams,photographs,questionnaire.

7.)Refrences

Case Studies #1

John a seller from the Virginia state sells stationery through E commerce to a purchaser in New Hampshire. He has Nexus in Virginia.

John a seller from the Virginia state sells stationery through E commerce to a purchaser in California. He doesn't have Nexus in the Destination State.

Questions:

Is a seller/consumer liable to pay tax for the above transactions? If yes, provide the reasons.

Case Studies #2

You are a New York State resident living at Queens. You purchased footwear for $ 105 at New York city. You purchased furniture in Massachusetts $ 3,500 and you brought it to New York State to use it in your home. While on vacation in Myrtle Beach, South Carolina, you purchased a set of golf clubs for $ 700 that are delivered to your home in New York State. You take your stereo equipment to Albany to be repaired and paid $ 50. After it has been fixed, you brought it back to your city to use it in your home. You contracted with an out-of-state company to provide you with stock market analysis reports. The sale $50 of this information is a taxable information service. The information was sent to you at home in New York. No New York sales tax was collected. You have a camp in Vermont. You bought a lawn mower for $5,000 in Vermont to use at the camp. The following summer after 7 months you brought the lawn mower into New York State for use at your home. The Fair market value of the used lawn mower is $2,000.

Questions

1: Explain the situations in which the New York resident pays Sales tax and/or Use tax.

2: Check the prevailing rates of tax and compute the total sales tax and use tax obligation to New York.

Case Studies #3

X Corporation was formed in Delaware on January 15 2017. X Corporation is a non-resident of New York State X Corporation remained dormant until March 17 2017, when it hired employees and purchased a number of computer servers for use in its business. On June 24 2017 X Corporation opened an office in New York State and brought some of the servers to New York for use here.

Questions:

1: Discuss whether X corporation owe Sales tax and/or use tax.

2: What is the indirect tax treatment when X Corporation does not open its New York office and bring some of the servers to New York until October 4 2017.