Under the streamlined sales and use tax initiative

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How should the cost of developing computer software be deducted for tax purpose

Depreciated on a straight-line basis or an accelerated basis over 60 months

Depreciated on a straight line over 36 months

Expensed in the year the cost are incurred or amortized over 60 months

Amortized over 15 years

Which type of exemption is not permitted under the streamlined sales & Use tax initiative:

Seller based exemptions

Use-based exemptions

Product based exemptions

Entity based exemptions

Reference no: EM131208548

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