Question Tag: Basis of Assessment

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TAX – May 2021 – L1 – SA – Q19 – Tax Administration and Enforcement

Objective question on the basis of assessment for an existing business.

For an existing business, the basis of assessment is:
A. Continuity basis
B. Accrual basis
C. Preceding year basis
D. Actual basis
E. Succeeding year basis

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TAX – May 2021 – L1 – SA – Q19 – Tax Administration and Enforcement

Objective question on the basis of assessment for an existing business.

For an existing business, the basis of assessment is:
A. Continuity basis
B. Accrual basis
C. Preceding year basis
D. Actual basis
E. Succeeding year basis

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.