What maximum tax rates applied to business profit income

Assignment Help Accounting Basics

Reference no: EM132688748

Problem 1: All are commodity or expenditures taxes which are referred to indirect tax except

A. Income tax

B. Value added tax C

C. Excise tax

D. Turn over tax

E. All

F. B&C

Problem 2: The maximum tax rates applied to business profit income tax in Ethiopian is

A. 30% B. 35% C. 20% D. 25% E. cannot be determined

Problem 3: According to schedule `A` tax rates employees whose taxable income up to----------- birr per month are below the threshold for paying employment income tax.

A. Birr 120 B. Birr 150 C. Birr 600 D. Birr 280

Reference no: EM132688748

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