What is the difference between a sales tax and a use tax

Assignment Help Taxation

Reference no: EM13905337

1. The state of Georgia recently increased its tax on a pack of cigarettes by $2.00. What type of tax is this? Why might Georgia choose this type of tax?

2. What is the difference between a sales tax and a use tax?

3. What is an ad valorem tax? Name an example of this type of tax.

4. What are the differences between an explicit and an implicit tax?

Reference no: EM13905337

Questions Cloud

What type of forecasting is kobe likely using : Kobe strongly dislikes SUVs and is appalled that so many are on the road. What is wrong with Kobe's proposal? What type of forecasting is Kobe likely using?

Write a perl cgi program : Write a Perl CGI program (script) to insert new questions into the quiz table via a Web browser. You can assume that, when inserting questions into the table, there is only one transaction yielded by your program to access the table

Received balance due from laird corp : Prepare journal entries to record the following merchandising transactions of Sheng Company, which applies the perpetual inventory system.

What different types of federal and state taxes may affect : Benjamin recently bought a truck in Alabama for his business in Georgia. What different types of federal and state taxes may affect this transaction?

What is the difference between a sales tax and a use tax : What is the difference between a sales tax and a use tax? What is an ad valorem tax? Name an example of this type of tax. What are the differences between an explicit and an implicit tax?

What is the nature of the effects of the factors : Use the date in table above and answer the following questions in the space provided below: What is the nature of the effects of the factors studied in this experiment? What strategy would you use to reduce invoice errors, given the results of t..

What is the distinguishing feature of an excise tax : What are unemployment taxes? What is the distinguishing feature of an excise tax? What are some of the taxes that currently are unique to state and local governments?

Which is the largest tax collected by the us government : Which is the largest tax collected by the U.S. government? What types of tax- payers are subject to this tax? What is the tax base for the Social Security and Medicare taxes for an employee or employer?

Describe differences of proportional and regressive tax rate : Describe the differences between a proportional, progressive, and regressive tax rate structure. Arnold and Lilly have recently had a heated discussion about whether a sales tax is a proportional tax or a regressive tax.

User Account

All Pages