Solved

The Purpose of the Use Tax Is To

Question 40

Multiple Choice

The purpose of the use tax is to:


A) Tax tangible property used in a state
B) Have out-of-state companies collect taxes on in-state purchases
C) Equalize the tax on out-of-state purchases with that on in-state purchases when no sales taxes were paid
D) Increase income tax revenues

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents