Taxation Quizzes Online & Trivia

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Taxation Questions and Answers

-------------- is defined as a scheme whereby tax on employees' Income is deducted at source by the employer and remitted to the relevant tax authority within 14days after the end of the month.

Residence

PAYE

Company Income

Direct Assessment

Taxation question from

Principles of Taxation

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------------ is a method of collecting tax fron subsistent farmers,roadside mechanics, vulcanizers etc.

Direct assessment

PAYE

Residence

Company income

Taxation question from

Principles of Taxation

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Which of these is not an information normally demanded from the employer before registering the company as an operator of PAYE scheme

Certificate of Incorporation

Tax Identication Number

Issuance of form A

Number of employees

Taxation question from

Principles of Taxation

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What was the British taught?

Woman protested by supporting a different boycott of British goods

How to be brutal

That the colonist would resist internal taxes

To dress Mr. Youngel

Taxation question from

No Taxation Without Representation

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Colonial leaders decided to work together.

True

False

Taxation question from

No Taxation Without Representation

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People had no problem with buying goods in protest.

True

False

Taxation question from

No Taxation Without Representation

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A tax levied on the total income of the individual (with some deductions permitted)

personal income tax

social insurance tax

corporate income tax

excise tax

estate tax

Taxation question from

Taxation and government

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The tax levied on the income of companies (often net income)

personal income tax

social insurance tax

corporate income tax

excise tax

estate tax

Taxation question from

Taxation and government

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A tax paid by the customer on the manufacture use, and consumption of certain goods

personal income tax

social insurance tax

corporate income tax

excise tax

estate tax

Taxation question from

Taxation and government

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Taxation is truly not necessary for a society.

True

False

Taxation question from

ECO 102 H REVIEW (Chapter 8: Application: The costs of Taxation)

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Review (Chap 6) Who is/are worse off when a good is taxed?

buyers and sellers

buyers

sellers

depends on the government

Taxation question from

ECO 102 H REVIEW (Chapter 8: Application: The costs of Taxation)

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The _____ of supply and demand determines how the tax burden is distributed between producers and consumers.

elasticities

quantity

curve

shifts

Taxation question from

ECO 102 H REVIEW (Chapter 8: Application: The costs of Taxation)

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