Text Preview. Positive and Negative Effects of Recycling. Recycling is the processing of waste materials in order to make them reusable. This helps conserve energy and reduce the consumption of natural resources. Recycling used products is one of the best ways to save the environment. It is important to recycle, so as to avoid environmental harm.
The sales tax treatment shown in the contractor's bid is correct. Unlike Nevada, Washington regards construction contracts (including modifications and repairs to realty) as retail sales. Thus, in Washington the entire charge for repairs to realty will be taxable, including labor, materials, overhead and profit.
In Arizona, and in four other states, sales of building. materials to contractors are exempt from the sales tax, with the tax being imposed. upon a âprime contractorâsthe contracting project.â gross receipts from 1. Subcontractors that work for a taxable prime contractor that is liable for the sales tax. are exempt. The prime contractor is allowed a flat 35% deduction for labor costs so. the result is a tax on the cost of the building materials plus the contractorâs overhead. and profit.