Question Tag: Withholding Taxes

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TXF – May 2020 – L2 – Q2b – Value-Added Tax (VAT)

This question asks for the computation of VAT withholding taxes for goods invoiced to a VAT Withholding Agent.

Mutumna Ltd is a manufacturer and invoiced goods valued at GH¢20,000,000 to Lamlam Ltd, a resident company located in the Western Region of Ghana. Lamlam Ltd has been appointed as a Value Added Tax Withholding Agent.

Required:
Compute the VAT withholding taxes.
(3 marks)

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TXF – May 2020 – L2 – Q2b – Value-Added Tax (VAT)

This question asks for the computation of VAT withholding taxes for goods invoiced to a VAT Withholding Agent.

Mutumna Ltd is a manufacturer and invoiced goods valued at GH¢20,000,000 to Lamlam Ltd, a resident company located in the Western Region of Ghana. Lamlam Ltd has been appointed as a Value Added Tax Withholding Agent.

Required:
Compute the VAT withholding taxes.
(3 marks)

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Find Related Questions by Tags, levels, etc.

Report an error

You're reporting an error for "TXF – May 2020 – L2 – Q2b – Value-Added Tax (VAT)"

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