10-31-2008, 11:17 AM
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 Re: arrow mfgr excise tax form 720 On Oct 30, 8:50*pm, "doug knight" <dougkni...[at]proaxis.com> wrote: - quote - > the .43 per *arrowshaft excise tax is a Manufactrures tax filed on form 720.
that provision of the law applies to.> Question 1) *If I donate (for whatever reason ) and generate no revenue from > it, *is it still subject to being taxed. > *Question 2) If I sell a piece wood to the end user and HE/SHE *produce the > finished product from it, do I have to pay the tax on it? Somehow I doubt you are the single U.S. manufacturer of toy arrows -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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10-30-2008, 11:50 PM
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| arrow mfgr excise tax form 720 the .43 per arrowshaft excise tax is a Manufactrures tax filed on form 720. Question 1) If I donate (for whatever reason ) and generate no revenue from it, is it still subject to being taxed. Question 2) If I sell a piece wood to the end user and HE/SHE produce the finished product from it, do I have to pay the tax on it? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| 720, arrow, excise, form, mfgr, tax |
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