Pwd incorporated is an illinois corporation

Business Tax Strategy !
Subject
Business Finance

Question Description
The attached is for a taxation class, it is a multiple choice and some of them need to answer.

and please notice and be careful of some changes in percentages and some stuff that different from the internet.

Try your best please. it is about 34 questions , due is on Jul 1, at 11:59. So I need it before please.

Thank you.

Assignment Print View 1. https://ezto.mheducation.com/hm.tpx?todo=C15PrintView&wid=13... Award: 22..550 0 ppooiinnttss Roxy operates a dress shop in Arlington, Virginia. Lisa, a Maryland resident, comes in for a measurement and purchases a $1,500 dress. Lisa returns to Virginia a few weeks later to pick up the dress and drive it back to her Maryland residence where she will use the property. Assuming that Virginia's sales tax rate is 5 percent and that Maryland's sales tax rate is 6 percent, what is Lisa's sales and use tax liability? 2. ! $0. ! $75 to Virginia. ! $75 sales tax to Virginia and $15 use tax to Maryland. ! $90 to Maryland. Award: 22..550 0 ppooiinnttss Eagle, Incorporated, a New York corporation, runs ski tours in a several states. Eagle also has a New York retail store and an Internet store which ships to out-of-state customers. The ski tours operate in Maine, New Hampshire, and Vermont where Eagle has employees and owns and uses tangible personal property. Eagle has real property only in New York. Eagle has the following sales: State Alaska Colorado Maine New Hampshire New York Vermont Totals Eagle Sales Goods $ 23,194 10,612 35,913 26,721 65,431 41,982 Services $ 0 0 156,084 325,327 0 277,441 Total $ 23,194 10,612 191,997 352,048 65,431 319,423 $203,853 $758,852 $962,705 Assume the following sales tax rates: Alaska (0 percent), Colorado (7.75 percent), Maine (8.5 percent), New Hampshire (6.75 percent), New York (8 percent), and Vermont (5 percent). How much sales and use tax must Eagle collect and remit in Vermont? 1 of 15 ! $0 ! $3,053 6/27/19, 3:26 PM Assignment Print View 3. https://ezto.mheducation.com/hm.tpx?todo=C15PrintView&wid=13... ! $2,099 ! $15,971 Award: 22..550 0 ppooiinnttss Eagle, Incorporated, a New York corporation, runs ski tours in a several states. Eagle also has a New York retail store and an Internet store which ships to out of state customers. The ski tours operate in Maine, New Hampshire, and Vermont where Eagle has employees and owns and uses tangible personal property. Eagle has real property only in New York. Eagle has nexus in Maine, New Hampshire, New York, and Vermont. Eagle has the following sales: State Alaska Colorado Maine New Hampshire New York Vermont Eagle Sales Goods $ 23,194 10,612 35,913 26,721 65,431 41,982 Services $ 0 0 156,084 325,327 0 277,441 Total $ 23,194 10,612 191,997 352,048 65,431 319,423 $203,853 $758,852 $962,705 Totals Assume the following sales tax rates: Alaska (0 percent), Colorado (7.75 percent), Maine (8.5 percent), New Hampshire (0 percent), New York (8 percent), and Vermont (5 percent). Assuming that Eagle has sales tax nexus in all of the states under the recent Supreme Court ruling on Internet sales, how much total sales and use tax must Eagle collect and remit? 4. ! $10,386 ! $11,208 ! $26,733 ! $61,289 Award: 22..550 0 ppooiinnttss Lefty provides demolition services in several southern states. Lefty has property as follows: Property State Alabama Kentucky Mississippi 2 of 15 Beginning $ 123,032 $ 203,311 $ 881,921 Ending $ 204,235 $ 185,102 $1,002,384 6/27/19, 3:26 PM Assignment Print View https://ezto.mheducation.com/hm.tpx?todo=C15PrintView&wid=13... Louisiana Tennessee $ 243,945 $ 143,198 $ 350,304 $ 143,198 Total $1,595,407 $1,885,223 Lefty is a Mississippi Corporation. Lefty also rents property in Mississippi and Tennessee with annual rents of $50,000 and $15,000, respectively. What is Lefty's Mississippi property factor? 5.