Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. b2 (a) during the year 2020, excel consulting sdn

B2 (a) During the year 2020, Excel Consulting Sdn Bhd (service tax registrant) sends its...

60.1K

Verified Solution

Question

Accounting

image
B2 (a) During the year 2020, Excel Consulting Sdn Bhd (service tax registrant) sends its staff to China to provide consultancy services to a Malaysian company undertaking a project in China. Excel Consulting Sdn Bhd received RM 500,000 for the services. In addition, Excel Consulting performed services to a company in Langkawi and collected RM 20,000 in fees. Required: Explain, with reasons, whether the above services are subjected to service tax. (6 marks) (b) The tax authorities may consolidate 2 or more businesses if the intention of the formation was to avoid service tax registration. Required: Describe the criteria used to determine such intention. (4 marks) Total - 10 marks

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students