Which of the following is true about the Inland Revenue Authority’s Power to Audit? The audit is conducted on a random basis in most cases Notice is normally done by a telephone call followed by a written notice The taxpayer must respond to the notice, within a specified time In Jamaica, the taxpayer must be given 24 hours notice of the intended audit. A.i and ii B.ii and iii C.All of the above D.i, ii and iii

Which of the following is true about the Inland Revenue Authority’s Power to Audit? The audit is conducted on a random basis in most cases Notice is normally done by a telephone call followed by a written notice The taxpayer must respond to the notice, within a specified time In Jamaica, the taxpayer must be given 24 hours notice of the intended audit. A.i and ii B.ii and iii C.All of the above D.i, ii and iii

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter1: An Introduction To Taxation And Understanding The Federal Tax Law

Section: Chapter Questions

Problem 36DQ

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