Excise and VAT; review of Chapter III
Answers are for parents and teachers.
1
A producer sold a batch of excisable goods for 4 000 000 so‘m; the conditional excise is 20%. How many so‘m is the excise?
800000
2
A firm sold 12 000 000 so‘m of products; intermediate consumption was 7 000 000 so‘m. How many so‘m is the 12% VAT?
600000
3
A citizen pays 5 400 000 income tax and 450 000 property tax a year. How many so‘m in total?
5850000
4
Name five taxes and mark each as “direct” or “indirect”.
income — direct; profit — direct; property — direct; land — direct; excise and VAT — indirect (choose five)