What is the destination principle

Assignment Help Accounting Basics
Reference no: EM132653134

Question - Imposition of the sales tax follows the destination principle. What is the destination principle?

a. Goods are taxed at the location of sale

b. Goods transported across state lines are not taxed

c. Goods are taxed at the location of production

d. Goods are taxed at the location of consumption

Reference no: EM132653134

Questions Cloud

Nation devoted to the values of liberty-equality : Lincoln asked whether a nation devoted to the values of liberty, equality, justice and opportunity "so conceived...can long endure."
Make a flexible budget for Johnny Lee : Make a flexible budget for Johnny Lee for each of the following monthly levels of machine hours: (a) 5,700, (b) 6,700, and (c) 7,700
Integrated delivery systems : We focus on products, services and products within healthcare industry. How can integrated delivery systems help reduce costs and improve quality of health care
How would you describe disney culture : How would you describe DISNEY's culture? Also, compare DISNEY's culture with that of Netflix.
What is the destination principle : Question - Imposition of the sales tax follows the destination principle. What is the destination principle
What group and individual activities can you incorporate : Imagine you are working as a charge nurse in an assisted living facility. Your unit houses twenty older adults. The residents of this unit are cognitively.
What is fungibility hypothesis of intergovernmental grants : What is the fungibility hypothesis of intergovernmental grants? Recipients of a non-matching grant will spend the money on the good specified by the grant
Children should be liable for their own intentional torts : Discuss whether you think children should be liable for their own intentional torts, or whether the parents or guardians should be liable.
Question - What does horizontal equity mean : Question - What does horizontal equity mean? People pay tax proportionate to the amount of services they use

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd