Question

In: Finance

A retail sales tax on remote sellers will produce as much revenue as a use tax...

A retail sales tax on remote sellers will produce as much revenue as a use tax on in-state purchasers.

T/F

Solutions

Expert Solution

The given statement is FALSE as retail sales tax on remote seller will not be producing the similar revenues as a use tax on in state purchases.

This given statement is FALSE about retail sales tax and state purchase tax because they have different criteria of getting taxed.


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