Do you know what “economic nexus” is? Or a “Home Rule” state?
Take this quiz and find out your Tax IQ.
Only five states do NOT impose general sales and use taxes. Which of these is one of them?
What is “economic nexus”?
Which of these industries gets targeted most by state auditors?
Which area is most likely to be heavily scrutinized in the event of an audit?
Bagels are always taxable in New York.
Use Tax is sales tax on purchases made outside one's state of residence on taxable items that will be used, stored, or consumed in one's state of residence and on which no tax was collected in the state of purchase
Home Rule states are those that allow local jurisdictions to impose their own sales and use taxes. Which of these is NOT a Home Rule state?
Most countries have a minimum declared value for a shipment to be subject to customs duty. What is the name of this threshold?
For all interstate sales, the sales tax rules are “sourced” at the location where the customer takes delivery of the object.
What is the term for the total cost of getting a physical product from the seller’s facility in one country to the buyer’s door in another?
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