Question: You <a href=represent ABC Corporation, a New Jersey corporation that has 3 shareholders. The residence of…” />

Never use plagiarized sources. Get Your Original Essay on
Question: You represent ABC Corporation, a New Jersey corporation that has 3 shareholders. The residence of…
Hire Professionals Just from $11/Page
Order Now Click here

Show transcribed image text You represent ABC Corporation, a New Jersey corporation that has 3 shareholders. The residence of the three shareholders are as follows: New York, New Jersey and Connecticut. The corporation sells anti-virus software and support throughout the United States. All purchase orders are processed in New Jersey and shipped from a distribution warehouse located in New Jersey. 90% of all product deliveries are made using common carrier such as USPS, UPS or FEDex. The balance of the deliveries are made using ABC's delivery vans. The corporation does not have any stores, offices or employees in any other State other than New Jersey. While the corporation generally provides its own technical support, if a technician is required to physically appear at a store, the corporation will contact a local store to perform the physical technical services. For example, in New York, the ABC Corporation uses Techno-Mart to perform technical services if the customer requires a physical presence on its computer servers. Finally, the books and records of the business are kept at the home of the New York shareholder. The shareholders would like to know the following: Questions: please answer this with New York based(Article, Section no, Nexus, and Public law 86|-272) 1. Based on the information that was provided to you, is the corporation subject to franchise tax nexus. Why or why not?

You represent ABC Corporation, a New Jersey corporation that has 3 shareholders. The residence of the three shareholders are as follows: New York, New Jersey and Connecticut. The corporation sells anti-virus software and support throughout the United States. All purchase orders are processed in New Jersey and shipped from a distribution warehouse located in New Jersey. 90% of all product deliveries are made using common carrier such as USPS, UPS or FEDex. The balance of the deliveries are made using ABC's delivery vans. The corporation does not have any stores, offices or employees in any other State other than New Jersey. While the corporation generally provides its own technical support, if a technician is required to physically appear at a store, the corporation will contact a local store to perform the physical technical services. For example, in New York, the ABC Corporation uses Techno-Mart to perform technical services if the customer requires a physical presence on its computer servers. Finally, the books and records of the business are kept at the home of the New York shareholder. The shareholders would like to know the following: Questions: please answer this with New York based(Article, Section no, Nexus, and Public law 86|-272) 1. Based on the information that was provided to you, is the corporation subject to franchise tax nexus. Why or why not?

Open chat
Lets chat on via WhatsApp
Hello, Welcome to our WhatsApp support. Reply to this message to start a chat.