Taxation of business
Answers are for parents and teachers.
1
The price without VAT is 80 000 so‘m and VAT is 12 %. How many so‘m is the VAT?
9600
2
A buyer pays 560 000 so‘m (including 12 % VAT). What is the price without VAT in so‘m?
500000
3
Assume profit tax is 15 % and profit is 6 000 000 so‘m. How many so‘m remain after tax? (The rate is for practice only.)
5100000
4
Why should an entrepreneur check tax rates in the current Tax Code each time? Write 2 sentences.
Because rates and conditions change from time to time. Calculating with outdated information may lead to wrong payment and a fine.