Who is liable to income tax?, Business Law and Ethics

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QUESTION 1

Discuss the legal relationship between a bank and its customer with reference to the responsibilities of the parties towards each other

QUESTION 2

(a) Examine the role of the Financial Services Commission

(b) What is the role of the Stock exchange?

(c) Explain the listing rules

QUESTION 3

(a) Who is liable to income tax?

(b) On what income is the tax chargeable?

(c) Briefly explain the history of VAT?

(d) Why has the VAT been so popular?


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