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Val Entertainment Troup (VET) has performed literary plays in California for many years. They charge...

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Accounting

Val Entertainment Troup (VET) has performed literary plays in California for many years. They charge an admission fee at the door when patrons enter. VET recently got an opportunity to perform for a month in Arkansas. They will use the same revenue structure, admission fees as patrons enter. The CFO wants to make sure VET complies with all state and local laws and has asked you to confirm that there is no sales tax on admission fees in Arkansas. would like to know a short response with your conclusions. cite any relevant state tax code sections.

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