Match Each of the Following Items with the Appropriate Description

question 87

Short Answer

Match each of the following items with the appropriate description, in determining whether sales/use tax typically must be collected.
a. Taxable
b. Not taxable
-Earthmoving equipment used by the purchaser in construction business.

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Definitions:

Gym Membership

A subscription-based service that allows access to a gym's facilities and equipment for exercising.

iTunes Download

The process of obtaining media content, such as music or movies, through Apple's iTunes platform.

Business Model

A framework for creating value, capturing value, and delivering products or services to customers.

Revenue Model

The strategy or method a business uses to generate income or revenue, detailing the sources of revenue, pricing methodologies, and target consumer segments.