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The buyer of a manufacturing plant wants a broker to list each piece of equipment in the contract with a separate valuation so that it can be depreciated for income tax purposes. If the licensee does as instructed,
A) it represents proper procedure and should be done for every sale when personal property is involved.
B) sales tax is due on the fair market value for all personal property included in a residential sale, even if the contract does not show a separate valuation for each piece.
C) sales tax must be paid on the furniture.
D) it would violate Chapter 475, F.S.
New account executives have been at recruiting clients.
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