Tài chính doanh nghiệpCâu 1190 / 1605
A California contractor who buys materials out of state for use on a California job without paying sales tax generally owes:
a.A federal excise tax only
b.No tax of any kind
c.California use tax on those materials
d.Double the franchise tax
Giải thích
Use tax is the counterpart to sales tax. When taxable materials are purchased without California sales tax (for example, out of state) but used in California, the contractor owes use tax at the applicable local rate, self-reported to the CDTFA.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Return on the owner's investment is improved when a contractor:
- Estimated quarterly tax payments are generally required for a self-employed contractor because:
- Payroll taxes an EMPLOYER contractor must pay (matching or employer-only) include:
- A contractor's monthly fixed costs are $8,000. His average job produces $500 contribution margin. How many jobs per month are needed to break even?
- A line of credit is most useful to a contractor for:
- A contractor's accounts receivable total $180,000 and annual credit sales are $1,080,000. Roughly how many days does it take on average to collect (days sales outstanding)?
Cập nhật gần nhất: · quy trình kiểm tra
Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)