Form Vm-2 - Virginia Vending Machine Dealer'S Sales Tax Return - 2002 - Portrait Page 2
ADVERTISEMENT
1
2DEALER’S WORKSHEET FOR COMPUTING TAX
ON SALES THROUGH VENDING MACHINES
Form VM-2A
(For use by dealers engaged in the business of placing vending
Read Instructions on
Preserve this Work
machines through which they sell tangible personal property)
Sheet as part of your
reverse side before
Sales Tax Records
preparing this Work Sheet
DEALER’S NAME ______________________________________ ACCT. NUMBER ___________________
ADDRESS ____________________________________________ FILING PERIOD ___________________
A. ITEM
B. STATE
C. LOCAL
1. Cost price and/or manufactured cost of tangible personal property sold through
1.
1.
vending machines (See Instructions).
2. Allowable deductions:
a. Cost price and/or manufactured cost of tangible personal property sold
2a.
2a.
through vending machines during this period and returned by purchaser
during this period, if included in Item 1 (See Instructions).
b. Cost price and/or manufactured cost of tangible personal property sold
2b.
2b.
through vending machines and returned during this period on which tax
was paid in a prior period (See Instructions).
c. Other deductions.
2c.
2c.
d. Total deductions (Sum of Items 2a, 2b and 2c).
2d.
2d.
3. Item 1 less Item 2d (Compute tax on this amount).
3.
3.
4. Tax (State — 4 % of Item 3, Col. B; Local — 1% of Item 3, Col. C).
4.
4.
5a. Dealer’s Discount. Add the cost of goods sold (Item 3, Column B) from each 5a.
return you are required to file for this period. Use this total cost of goods
sold figure and the chart below to determine the appropriate discount rate.
DEALER’S
Enter the discount rate on Line 5a.
ENTER
DISCOUNT
DEALER’S
TOTAL MONTHLY COST OF GOODS SOLD
APPLIES TO
FROM ALL LOCATIONS
DEALER’S DISCOUNT RATE
DISCOUNT RATE
STATE TAX ONLY
ABOVE
IS AT LEAST
BUT LESS THAN
$0
$62,501
.0356
$62,501
$208,001
.0267
$208,001
.0178
5b. Multiply Item 4, Column B by the applicable discount rate determined above.
5b.
6. Item 4 less Item 5b.
6.
6.
7. Penalty for late filing and payment (See Instructions).
7.
7.
8. Interest for late filing and payment (See Instructions).
8.
8.
9. Total tax, penalty and interest (Sum of Items 6, 7 and 8).
9.
9.
10.
10. Amount due (Sum of Item 9, Columns B and C).
____________________________________
____________________
(Signature)
(Date)
COMPLETE THIS WORK SHEET AND TRANSFER ITEMS INDICATED BY THE ARROWS TO
CORRESPONDING ITEM NUMBERS ON TAX RETURN (FORM VM-2)
DEALER’S DISCOUNT ALLOWABLE ONLY WHEN RETURN AND PAYMENT ARE FILED ON TIME
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial