Introduction to Business Taxation Test With Verified Correct Answers Complete Solutions.
1 view 0 purchase
Course
TAX.
Institution
TAX.
relative consumption tax - correct answer business tax is a tax on the consumption of goods or services and is imposable only when the seller is a business
indirect tax - correct answer the tax is collected from the seller...
relative consumption tax - correct answer business tax is a tax on the consumption
of goods or services and is imposable only when the seller is a business
indirect tax - correct answer the tax is collected from the seller rather than from the
buyer-consumer
privilege tax - correct answer business tax is also viewed as a tax on the privilege to
do business
national tax - correct answer business tax is imposed by the national government
business - correct answer a habitual engagement in a commercial activity involving
the sale of goods or services for a profit
habitual engagement - correct answer there must be regularity in transactions to
construe the presence of a business
true - correct answer T or F
isolated sales and casual sales are not regular activities
privilege stores - correct answer most commonly known as "tiangge" are stalls or
outlets not permanently fixed to the ground which are put up during special events such as festivals or
fiestas (not more than 15 days)
commercial activity - correct answer engagement in the sale of goods or services for
a profit
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
