|
by: James T. Collins, John C. Healy Bruce M. Nelson
Binding: Paperback
EAN: 9780808089377
ISBN: 0808089374
Label: CCH
Manufacturer: CCH
Number Of Pages: 594
Publication Date: December 05, 2005
Publisher: CCH
Sales Rank: 2396259
Studio: CCH
Editorial Review:
Product Description:
The Sales and Use Tax Answer Book is the key reference source for which practitioner's have been searching. Not only is it comprehensive and clear; it also provides extensive formal cites to important case literature. Forty-five states and the District of Columbia impose a sales tax on the retail sale of tangible personal property and selected services. In addition, there are 7,500 cities, municipalities, towns, school districts, counties, and other special taxing districts that levy sales and use taxes. The varying rates, the changing jurisdictional boundaries, the different tax bases, and the often inconsistent and contradictory interpretations of similarly worded statutes are all covered. The book also includes a chapter on sales tax reforms, particularly the Streamlined Sales Tax Project. The 2006 edition of the Sales and Use Tax Answer Book contains new material on topics such as nexus, the 'true object' test, Internet sales, bad debt deductions, discounts and rebates, resale sales, warranties and defining a retail sale. Along with nexus and electronic commerce, the Streamlined Sales Tax Project (SSTP) is the most interesting development in state and local tax. As such, the chapter on the SSTP has been significantly revised and updated in light of its implementation date of October 1, 2005. This update also adds more court cases to illustrate specific points and current controversies such as the continuing debate over affiliate or representational nexus and the distinction between construction and manufacturing.
|
