The following information relates to ABC Ltd. for the year ended 31 December 2006.

      

The following information relates to ABC Ltd. for the year ended 31 December 2006.
- Profit before tax sh. 4,000,000
- Import duty refunded by the authority sh. 400,000
- Dividend distributed by .ABC Ltd. sh. 8,800,000
- Dividend distributed by ABC Ltd. Sh. 3,000,000
- Corporation tax rate 30%.

Required:
Compensating tax payable by ABC Ltd. for the year ended 31 December 2006.

  

Answers


Wilfred
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Wilfykil answered the question on February 26, 2019 at 05:10


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