Exam (elaborations)
TAX2601-S2-2024-ASSESSMENT 2 ALL QUESTIONS ARE COVERED 100% PASS
- Institution
- University Of South Africa (Unisa)
TAX2601-S2-2024-ASSESSMENT 2 ALL QUESTIONS ARE COVERED 100% PASS
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QuizAssessment 2
Started on Tuesday, 14 August 2024, 3:12 PM
State Finished
Completed on Tuesday, 14 August 2024, 4:58 PM
Time taken 1 hour 45 mins
Marks 43.00/50.00
Grade 86.00 out of 100.00
Question 1
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Question text
When SARS issues the taxpayer with an estimated assessment, the taxpayer
has how many days to request SARS to issue a reduced assessment or
additional assessment by submitting a complete and correct return?
a.
40 calendar days
b.
90 days
c.
40 business days
d.
120 business days
Question 2
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Question text
What does the following statement mean: The burden of proof vests with the
taxpayer?
a.
It is the taxpayer’s responsibility to prove that he submitted his tax return.
, b.
It is the taxpayer’s responsibility to calculate his own tax payable.
c.
It is the taxpayer’s responsibility to prove that an assessment is incorrect.
d.
It is the taxpayer’s responsibility to notify SARS of his change in address.
Question 3
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Question text
Any aggrieved taxpayer can lodge a complaint against SARS at any of the
following institutions. Which one is incorrect?
a.
SARS Service Ombud (SSO)
b.
Public Protector
c.
Tax Ombud
d.
SARS Complaints Management Office (CMO)
Question 4
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Question text
Which one of the following statements is true for the requirements of the Tax
Administration Act (TAA) with regards to the conduct of tax practitioners?
a.
The TAA does not deal with the recognition of controlling bodies.
b.
, Not all tax practitioners are required to be registered with a recognised
controlling body.
c.
All persons have 21 business days to register as a tax practitioner from when
they first provide the advice.
d.
Not all tax practitioners are required to be registered as tax practitioners.
Question 5
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Question text
The method used to calculate tax for a company is proportional. What does this
mean?
a.
The tax rate decreases with the amount of income earned by a company.
b.
The tax rate increases with the amount of income earned by a company.
c.
The tax rate is fixed.
d.
The tax rate is not determined.
Question 6
Correct
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Question text
Which of the following statements is correct?
a.
A registered taxpayer can submit his or her tax return via SARS efiling.
b.
SARS must make an estimated assessment if the taxpayer fails to submit a
return.
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