TAX2601
Assignment 6
Semester 1
2024
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Not yet answered
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Y Flag question Time left 1:59:55
Which one of the following
statements does not apply to the
understatement penalty calculation?
© a. If more than one behaviour
applies, SARS will add the
understatement penalty table
percentages together.
© b. The understatement penalty
percentages are not the
same for each offence.
© c. The maximum tax rate
applicable to the taxpayer is
used.
© d. The understatement penalty
percentage is applied only to
the shortfall of the tax.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
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and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Distribution of this document is illegal extra per year?
form or by any means.
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© +2767 171.1739
Question 2
Not yet answered Time left 1:51:57
Marked out of 1.00
¥ Flag question
After disallowing an objection, a
notice of appeal must be delivered to
the Commissioner. Within what period
must the notice of appeal be lodged?
© a. 21 days
© b. 21 working days
Oc. 60days
| © d. 30 days |
Disclaimer
Extreme care has been used to create this document, however the contents are p rovided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
Downloaded by: pamelapearl96 | Want to earn $1.236
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Distribution of this document is illegal extra per year?
form or by any means.
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Downloaded by: pamelapearl96 | Want to earn $1.236
Distribution of this document is illegal extra per year?
Assignment 6
Semester 1
2024
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
© +2767 171.1739
“UCSvtIVvIT «&
Not yet answered
Marked out of 1.00
Y Flag question Time left 1:59:55
Which one of the following
statements does not apply to the
understatement penalty calculation?
© a. If more than one behaviour
applies, SARS will add the
understatement penalty table
percentages together.
© b. The understatement penalty
percentages are not the
same for each offence.
© c. The maximum tax rate
applicable to the taxpayer is
used.
© d. The understatement penalty
percentage is applied only to
the shortfall of the tax.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
Downloaded by: pamelapearl96 | Want to earn $1.236
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Distribution of this document is illegal extra per year?
form or by any means.
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
© +2767 171.1739
Question 2
Not yet answered Time left 1:51:57
Marked out of 1.00
¥ Flag question
After disallowing an objection, a
notice of appeal must be delivered to
the Commissioner. Within what period
must the notice of appeal be lodged?
© a. 21 days
© b. 21 working days
Oc. 60days
| © d. 30 days |
Disclaimer
Extreme care has been used to create this document, however the contents are p rovided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
Downloaded by: pamelapearl96 | Want to earn $1.236
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Distribution of this document is illegal extra per year?
form or by any means.
, Stuvia.com - The Marketplace to Buy and Sell your Study Material
Downloaded by: pamelapearl96 | Want to earn $1.236
Distribution of this document is illegal extra per year?