For taxable interstate transactions, the concept of destination-based sourcing has not caused significant controversy; most states and businesses recognize the practicality of sourcing sales
and collecting tax based on the situs of the purchaser or where the purchased items ultimately will be used.
The fourth quarter median sale
price of $158,500 and mean sale
price of $185,455 both were about 6 percent above comparable 1995 averages.
1) substantial amounts of gross receipts from the occasional sale
of a fixed asset used in the regular course of the taxpayer's trade or business;
Is a software purchase a sale
of property or an intangible?
The ruling noted that, because the sale
of prewritten software delivered electronically to customers is not a sale
of tangible personal property, it is generally not subject to sales
and use taxation.
The average sale
price in Carnegie Hill declined from $2.
The difference between the transactional and the functional tests is particularly important in connection with the sale
of a business because often the sale
of the business will not be a regular incident of the taxpayer's operations.
rep: Tom Shearing, Warsaw, NY 585/786-0611 List rental: Dawn Speckmann, 630/462-2330
Christensen, David, VP Sales
, S & S Worldwide, CT
What makes this split particularly frustrating is that the flat tax and sales
tax are virtually identical.
ES Research Group (ESR), one of the nation's leading advisory firms on sales
effectiveness and sales
performance assessment, today announced the release of its 2007 Guide to Measuring Sales
Number of employees: 10 Publisher/Ad Sales
Dir: Simon M.