Which of the following is correct? a. A person with vatable sales or receipts not exceeding the VAT-threshold may register as non-VAT taxpayer. b. A person with vatable sales or receipts not exceeding the VAT-threshold may register as VAT taxpayer. c. A person who commences business with an expectation to exceed the VAT-threshold may register as VAT taxpayer. d. All of the above
Which of the following is correct? a. A person with vatable sales or receipts not exceeding the VAT-threshold may register as non-VAT taxpayer. b. A person with vatable sales or receipts not exceeding the VAT-threshold may register as VAT taxpayer. c. A person who commences business with an expectation to exceed the VAT-threshold may register as VAT taxpayer. d. All of the above
Chapter12: Tax Administration And Tax Planning
Section: Chapter Questions
Problem 15MCQ
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Question
Which of the following is correct?
a. A person with vatable sales or receipts not exceeding the VAT-threshold may register as non-VAT taxpayer.
b. A person with vatable sales or receipts not exceeding the VAT-threshold may register as VAT taxpayer.
c. A person who commences business with an expectation to exceed the VAT-threshold may register as VAT taxpayer.
d. All of the above
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