Which statement about the ability of individual states to collect sales tax on Internet transactions is true?
A)States cannot collect sales tax on Internet sales from merchants nor may a state require that its citizens report Internet purchases so that they may be taxed.
B)A state cannot collect sales tax from merchants unless sales to the state's citizens amount to more than 1 million in the aggregate.
C)A state can collect sales tax from a merchant only if the merchant has a store or distribution center in the state.
D)Individual states may without restriction collect sales tax from merchants on items purchased through the Internet by in-state residents.
E)Only with permission of Congress,granted on a state-by-state basis,may individual states collect from merchants sales tax on items purchased through the Internet by in-state residents.

Question

Quizplus · Accepted Answer

A)Sales taxes are a large source of revenue for state governments,but states can require that a business submit sales tax payments only if the business has a store or distribution center in the state.
B)Sales taxes are a large source of revenue for state governments,but states can require that a business submit sales tax payments only if the business has a store or distribution center in the state.
C)Sales taxes are a large source of revenue for state governments,but states can require that a business submit sales tax payments only if the business has a store or distribution center in the state.
D)Sales taxes are a large source of revenue for state governments,but states can require that a business submit sales tax payments only if the business has a store or distribution center in the state.
E)Sales taxes are a large source of revenue for state governments,but states can require that a business submit sales tax payments only if the business has a store or distribution center in the state.

Which Statement About the Ability of Individual States to Collect