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Tag Archives: T&M Contract
State Board of Equalization Clarifies Sales Tax on T&M Construction Contracts.
There has been some confusion among construction contractors recently about the California State Board of Equalization’s (“Board” or “SBE”)position on the application of sales tax to materials provided by a construction contractor working under a time and materials (“T&M”) contract. The confusion stems from an unclear “Summary of Application of Tax for Construction Contractors” table Read more
