The amount of the monthly installments of anticipated profit tax due to be paid for the...

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The amount of the monthly installments of anticipated profit tax due to be paid for the following year, is divided as follows: - Monthly installments of advances calculated for January-March 450,000 ALL (3 months x 150,000); - Monthly installments of advances calculated for the April-December period 2,700,000 lek (9 x 300,000); Based on the given arguments, the taxpayer has paid all the monthly advance installments for the period January to August and has reduced to zero the monthly installments of September- December. a. If, according to the annual profit tax declarations, the taxpayer has declared the amount of 2,200,000 ALL, what will be the monthly advance installments for the year? b. What will be the payment to the tax office by the closing of the financial statement? The amount of the monthly installments of anticipated profit tax due to be paid for the following year, is divided as follows: - Monthly installments of advances calculated for January-March 450,000 ALL (3 months x 150,000); - Monthly installments of advances calculated for the April-December period 2,700,000 lek (9 x 300,000); Based on the given arguments, the taxpayer has paid all the monthly advance installments for the period January to August and has reduced to zero the monthly installments of September- December. a. If, according to the annual profit tax declarations, the taxpayer has declared the amount of 2,200,000 ALL, what will be the monthly advance installments for the year? b. What will be the payment to the tax office by the closing of the financial statement?

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Step 12 a There will be 3150000 ALL in monthly advance payments for the entire year 450000 ALL for J... View the full answer