4. a) Explain why Customs (Amendment) Act 2018 and Free Zones (Amendment)
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4. a) Explain why Customs (Amendment) Act 2018 and Free Zones (Amendment)
Act 2018 was introduced by Parliament.
b) Provide the requirements of issuing invoices under the Sales Tax Act 2018.
Answer should not be less than 400 words. Elaborate as mush as you can.
This is not a Bussines Law Question. This is a Tax based question. Please answer the question if can, if u can't, don't reject the question let others to answer. Thank you.
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- 4. a) Explain why Customs (Amendment) Act 2018 and Free Zones (Amendment)Act 2018 was introduced by Parliament. b) Provide the requirements of issuing invoices under the Sales Tax Act 2018. This is not a Bussines Law Question. This is a Tax based question. Please answer the question if can, if u can't, don't reject the question let others to answer. Thank you.5. Provide the types of income subject to Income Tax in Malaysia. Elaborate the answer according to the question. Answer should not be less than 300 words. Thank you for your afford. This is not a essay question. This is Tax based question if can't answer don't reject let others to answer. athank you.2. The Commissioner can impose tax on the digital service providers like Netflix, Spotify and others. True or false?
- 1. If there is a conflict between a BIR Ruling and a Revenue Memorandum Ruling, which will prevail? 2.Which tax system impacts more on the rich people, and why does it impacts them more?Help me I got confusion on this , what is penalty on non compliances ? Starting 1 January 2020, the government began imposing a digital services tax (DST) of six per cent on foreign digital service providers (FSPs) in Malaysia. Based on the above required to explain and discuss clearly on penalty on non compliances Who was the penalty on non compliances and explain on it ?The BIR issue Revenue Memorandum Circular No. 97-2021 inre: Taxation of Any Income Received by Social Media Influencers. Which is FALSE? Social Media Influencers are generally required to register with the BIR if they earned income even if their objective is to merely vlog O Social Media Influencers' income are generally subject to income and business taxes O If Social Media Influencer's income has been subjected to foreign taxes, the tax paid can be credited against the tax due or deducted (from gross income) at the option of the taxpayer O Income of Social Media Influencers prior to issuance of RMC are not taxable
- It is talking about "Hong Kong Tax system, tax planning, type I service company, disguised employment relationship", can you explain these two slides? What is condition and what is effect? And if the service fee is chrageable to salaries tax and profit tax? As these two slides have some contradiction between if it is chargeable to salaries and profit tax. Or I interpreted it wrongly.1) What should companies consider regarding sales tax for online transactions versus in-person transaction. 2) Based on the risk levels you calculated for the zip codes that Dillard’s sells to, what would your recommendation be to Dillard’s regarding purchasing tax software versus using freely available rate tables? 3) Recognizing that the Wayfair decision continues to impact state tax laws regarding online sales, what factors would you take into account for a company that is beginning to embrace online sales and is deciding whether to invest in tax software versus using freely available rate tables?2 The BIR issue Revenue Memorandum Circular No. 97-2021 inre: Taxation of Any Income Received by Social Media Influencers. Which is FALSE? Group of answer choices a Social Media Influencers’ income are generally subject to income and business taxes b Social Media Influencers are generally required to register with the BIR if they earned income even if their objective is to merely vlog c If Social Media Influencer’s income has been subjected to foreign taxes, the tax paid can be credited against the tax due or deducted (from gross income) at the option of the taxpayer d Income of Social Media Influencers prior to issuance of RMC are not taxable
- a. Explain what is meant by general anti-avoidance rule. B). State what impact this could have on Jamaica's tax system if implemented.The BIR issue Revenue Memorandum Circular No. 97-2021 inre: Taxation of Any Income Received by Social Media Influencers. Which is FALSE? Choices Social Media Influencers are generally required to register with the BIR if they earned income even if their objective is to merely vlog Social Media Influencers' income are generally subject to income and business taxes If Social Media Influencer's income has been subjected to foreign taxes, the tax paid can be credited against the tax due or deducted (from gross income) at the option of the taxpayer Income of Social Media Influencers prior to issuance of RMC are not taxableAnti-avoidance provisions _________________. a. eliminate tax planning by taxpayers. b. are provisions in the tax laws to prevent certain harmful tax avoidance practice. c. will always prevent tax evasion. d. will eliminate all tax avoidance.