The following profits (losses) of an individual taxpayer that is resident in Egypt for the years 2016
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Question:
The following profits (losses) of an individual taxpayer that is resident in Egypt for the years 2016 and 2017 are as follows 2016 2017 Salaries and the like 2016: 21,000, 2017: 24,900 Commercial activities 15,000 4,500 Professional activities (25,000), 12,000 Real estate wealth 5,000 5,000 If you learn that the taxpayer paid a building tax of 500 in both years
Required Calculate tax for 2016 and 2017
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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