An entity earns a profit of 60,000 for the year to 31 march 20x2 the entity is

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An entity earns a profit of 60,000 for the year to 31 march 20x2 the entity is assessed and owes 15,000 tax for the year. which of the following types of tax would be best describe the tax due

a- wealth tax

b- capital tax

c-income tax

d- consumption tax

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Accounting for Non-Accounting Students

ISBN: 978-0273722977

8th Edition

Authors: John R. Dyson

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Posted Date: Feb 23, 2022 12:37 AM

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An entity earns a profit of 60,000 for the year to 31 march 20x2 the entity is

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c Income tax An income tax is a tax imposed on individuals ... View the full answer

Accounting for Non-Accounting Students

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