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Q: What is the Future Value?
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Q: 1. $1500 is invested semi-annually for 3 years into a fund that pays 6.8% per year, compounded semi-…
A: Solution:- Annuity means an equal amount invested each period.
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5. Provide the types of income subject to Income Tax in Malaysia.
Elaborate the answer according to the question. Answer should not be less than 300 words. Thank you for your afford.
This is not a essay question. This is Tax based question if can't answer don't reject let others to answer. athank you.
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- Essay. In 100 words, explain why do we need to pay taxes. Please provide unique answers.ETHICS While vacationing you find a $100 bill on the report it as taxable income? Why or why not? Would your answer differ if you found $100,000 beach. Nobody saw you find it. Assuming the find meets the definition of gross income, would you instead of $100? Discussion points: Do you think that finding $100 meets the definition of Is there a "materiality" threshold for when you have to report income? Does not reporting the $100 violate tax law and/or ethical standards? gross income? If you are more likely to report the $100,000, why? Does not reporting the $100,000 violate tax law and/or ethical standards?Name: Activity Worksheet #4 (Chapter 4) TRUE/FALSE Personal income taxes are paid only on your taxable income. 1. The key to reducing one's tax liability is to reduce taxable income rather than gross 2. income. MULTIPLE CHOICE 3. Which of the following would be considered smart financial planning? a. Turn all your income tax planning over to someone else b. Withhold too much income in order to receive a refund next year. c. Ignore the impact of income taxes in your personal financial planning d. Contribute to your employer-sponsored 401(k) retirement plan at least up to the amount of the employer's matching contribution taxes are based on one's ability to pay a. Progressive b. Regressive c. Marginal d. All of these 5. Dave Scott's total income is $42,000, but his taxable income is only $34,050. Therefore, his tax percent liability (what he owes in taxes) is 4,694. Dave's average tax rate is approximately С. 15 а. 11 b. 14 d. 25 6. Jeff is trying to decide whether to sell his baseball…
- If Dont know Dont Answer. Strictly USA Tax rules , if wrong then i will report and downvote. Calculate taxable income , Tax liability and journal entry for Payables.In QuickBooks online what 4 pieces of information do you need to set up sales tax for a client who only does business in their home state?6. A kind of tax paid once a person receive an amount of money from a living relative abroad. Inheritance tax Donors Tax O Value Added Tax O Ad Valorem Tax Clear 7. The tax imposed to Filipinos in order to generate the much needed reserve for debt servicing. O Duty Tax O Ad Valorem Tax O Value Added Tax Excise Tax
- tion Which of the following are "pay as you go taxes? (multiple answers with incorrect answers cancelling correct answers, so be careful) Da Medicaid taxes O b. Medicare taxes Oc social security taxes Od. withholding taxes (federal and state) □e. worker compensation premiums Of life insurance premiums Og federal unemployment taxes Oh state unemployment taxesPA Q1c) Explain the process and methods you would include ensuring that you identify taxpayers and educate them on the need to pay Gift taxes and the punitive measure to be meted out on them in case they default. Support your explanation with suitable examples and scenariosHi can you help me come up with answers. Question: Among the essential characteristics of tax, which do you think is the most relevant for you as a student?
- 4. a) Explain why Customs (Amendment) Act 2018 and Free Zones (Amendment)Act 2018 was introduced by Parliament. b) Provide the requirements of issuing invoices under the Sales Tax Act 2018. Answer should not be less than 400 words. Elaborate as mush as you can. This is not a Bussines Law Question. This is a Tax based question. Please answer the question if can, if u can't, don't reject the question let others to answer. Thank you.Question 4 Your client sells a taxable item and ships it to a customer that is out of state. There is no sales tax agency set up for that state. What sales tax rate will QuickBooks Online apply? OA special category rate will be used as the seller's rate No sales tax will be applied The seller's standard rate The customer's rate based on locationExplain aslo...all three questions. . 1. A donation of an annuity will cause the donor to pay donations tax, and the donee to be liable for normal tax.Select one:True False. 2. A donor, who is a resident of the Republic, who donates property that is situated outside South Africa, will not be liable for donations tax on this transaction.Select one:TrueFalse 3. There is no limit on the value of donations that may be made free from donations tax by a public company.Select one:TrueFalsehood