Tax 3702 - Study guides, Study notes & Summaries

Course Code: TAX 3702 Assignment No: 03 Closing Date: 16 August 2021 ______________________________________________________________________________ Question 1 For an amount to be included in gross income, it must satisfy all the requirements of the general definition of “gross income”. That is:  the total amount in cash or otherwise  received by or accrued to  during the year of assessment  not of capital nature. Or, alternatively, the amount may also be included in ta...

AUI 3702 EXAM PACK. The Internal Audit Process: Test Of Controls. Combined assurance is a manner in which the company sets itself up to adequately addresses the significant risk which the company faces. It can be provided by  Internal assurance providers‟ e.g. internal audit, finance function. The focus will be on enabling an effective internal control environment and supporting the integrity of information used for internal decision making by management, the board and its committees. ...

TAX 3702 EXAM PACK.

This is a 102 page summary, all you need to know to pass this DIFFICULT COMPREHENSIVE subject, the first time around. This summary relates to 12 learning units. This is all you need for a distinction in your assignments as well as on your exams. This is nice and colorful summary to make your studies fun and exciting. It also contains steps in calculating certain questions.

TAX 3702 A STUDENTS APPROCH TO INCOME TAX NATURAL PERSONS 2019

Question 1 Tax liability of eZhonda (Pty) Ltd for the year of assessment ended 28 February 2019. Rand Rand Taxable income 73 859 000,00 Factory Building (Section 13) = * 5% - 525 000,00 Restraint of Trade (Section 11(cA) = less than 3 year therefore 3mil/3 - 1 000 000,00 Research & development costs (Section 11D) = 600 000 * 150% - 900 000,00 Patent purchased (Sec 11(gC)): cost less than 5000 hence full deduction allowed - 4 500,00 © CTM Tutoring All rights rese

Course Code: TAX 3702 Assignment No: 03 Closing Date: 16 August 2021 ______________________________________________________________________________ Question 1 For an amount to be included in gross income, it must satisfy all the requirements of the general definition of “gross income”. That is:  the total amount in cash or otherwise  received by or accrued to  during the year of assessment  not of capital nature. Or, alternatively, the amount may also be included in ta...

UNISA TAX3702 QUESTION AND ANSWERS BASED ON THE 2020 SARS TAX CHANGES. UNDERSTAND, PASS, EXCEL WITH THESE PRACTICE QUESTIONS AND ANSWERS.

Course Code: TAX 3702 Assignment No: 03 Closing Date: 16 August 2021 ______________________________________________________________________________ Question 1 For an amount to be included in gross income, it must satisfy all the requirements of the general definition of “gross income”. That is:  the total amount in cash or otherwise  received by or accrued to  during the year of assessment  not of capital nature. Or, alternatively, the amount may also be included in ta...