1.List four types of income which are subject withholding tax when received by each of the following...
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Question:
1.List four types of income which are subject withholding tax when received by each of the following
(i) Resident Persons
(ii) Non-resident persons
2.write short notes of the following
(i) Pre-shipment inspection.
(ii)Insurance relief.
(iii) Taxation of accommodation and meals provided by the employer
(iv)Mining allowance.
3Explain the factors that determine the extent to which the incidence of a tax can be shifted
Expert Answer:
1 Types of Income Subject to Withholding Tax i For Resident Persons a Employment Income Salaries wages bonuses and other compensation received from employment b Interest Income Interest earned on savi... View the full answer
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