Tax Trivia

 

#1. Taylor Ltd deducts Sh. 100,000 withholding tax on professional services offered by Karan consultants in the month of July 2020. The withholding tax is remitted on 17th August 2020. The late payment penalty shall be

#2. The VAT classification of transfer of a business as a going concern is ? Was initially exempt but now taxed under TLAA 2020

#3. Which of the following entities is not exempt from taxation

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