The sales tax treatment of internet

Assignment Help Financial Management
Reference no: EM132017311

The sales tax treatment of internet or mail-order purchases is quite controversial, as discussed in the section. think about the products you have purchased using the internet or by mail order in the recent past and roughly how much you spent. does NY state have a use tax? did you pay the use tax on taxable items? why or why not? how much did the opportunity to avoid sales tax influence your decision to purchase over the internet or by mail order? do you think that companies that sell through the internet or by mail order should be required to collect state sales or use taxes on purchases? if not, then what other methods might state use to collect these taxes?

Reference no: EM132017311

Questions Cloud

What is the firm horizon or continuing-value : Holt Enterprises recently paid a dividend, D0, of $3.00. The firm's required return is 11%. What is the firm's horizon, or continuing, value?
What is the annual yield to maturity : If the bonds are currently selling for $585, what is the annual yield to maturity, assuming semiannual compounding?
What is the fair price for common stock : Aft of 5% per year. Y $1.50 per sha 12%. What is the fair price for WXY common stock?
What is the most that you should be willing to pay today : what is the most that you should be willing to pay today for a share of Sanibel Corp’s preferred stock?
The sales tax treatment of internet : The sales tax treatment of internet or mail-order purchases is quite controversial, as discussed in the section.
What is the current value of preferred stock : X-Tech Company issued preferred stock many years ago. What is the current value of this preferred stock? What was the original issue price?
Opens new product line and requires initial outlay : A company is considering a 5-year project that opens a new product line and requires an initial outlay of $77,000.
What is after tax salvage cash flow for new machine : what is the after tax salvage cash flow for this new machine at the end of the project?
What is the accounting break-even point : If the required rate of return is 10% per year, what is the accounting break-even point?

Reviews

Write a Review

Financial Management Questions & Answers

  Initial fixed asset investment and tax rate

Consider a four-year project with the following information: initial fixed asset investment = $550,000; straight-line depreciation to zero over the four-year life; zero salvage value; price = $26; variable costs = $18; fixed costs = $190,000; quantit..

  Expected net operating profit after taxes

Triptych Food Corp has an expected net operating profit after taxes, EBIT (1-T) of 13,300 million in the coming year. In addition, the firm is expected to have net capital expenditures of 1,995 million, and net operating working capital (NOWC) is exp..

  Experiencing rapid growth-projected dividend for coming year

Janicek Corp. is experiencing rapid growth. Dividends are expected to grow at 32 percent per year during the next three years, 22 percent over the following year, and then 7 percent per year indefinitely. The required return on this stock is 10 perce..

  What is the amount of accounts receivable

ABC's Days Sales Outstanding was 35.2 days this year, on sales of 394,000. What is the amount of ABC's Accounts Receivable?

  Comment on the company business model

Using the information you've collected so far, comment on the company's business model.

  Cost of common equity with and without flotation

Cost of Common Equity with and without Flotation The Evanec Company's next expected dividend, D1, is $2.71; its growth rate is 5%; and its common stock now sells for $37. New stock (external equity) can be sold to net $33.30 per share. What is Evanec..

  Change in the bond price in dollars and percentage terms

What will be the change in the bond’s price in dollars and percentage terms?

  What is a convertible security

What is a convertible security? What are some reasons that a company would choose to issue a convertible security?

  Advantage of using sml approach to finding cost of capital

What are the advantage of using the SML approach to finding the cost of capital? What are the disadvantages?

  What is the company sustaniable growth rate

What is the companys sustaniable growth rate?

  Explain preliminary financial analysis

you need to gather the appropriate information so an objective decision could be made whether to pursue this investment opportunity or not. Your explicit assignment is to gather the appropriate information and be specific. Describe in detail how y..

  What origination fee should the lender charge

What origination fee should the lender charge? What fee should be charged if it is expected that the loan will be repaid after 10 years?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd