Exam (elaborations)
TAX 1501 ASSIGNMENT 2
- Course
- Institution
Salary (40 000 * 12) 480 000.00 Local Interest 20 000.00 Less exemption 34 500 limited to .00 - Foreign dividends 5 000.00 Foreign dividend exclusion 25/45 * .78 2 222.22 2 222.22 Medical aid contributed by employer (3 000 * 4) 12 000.00 Subsistence allowance Value 20 0...
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