Royal Insurance Co. Ltd has been operating in Ghana for two years. Below is an...
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Royal Insurance Co Ltd has been operating in Ghana for two years. Below is an extract from the Trial Balance as at The Company commenced business on st January Notes i Reserve is calculated at Net Premium Income ii Assets were acquired on s January Where applicable, use the following rates of Capital allowances a Compute the tax liability of the Company for year Assessment. b What would be the position if it had been a Life Insurance Company? marks Corporate Tax: 
Royal Insurance Co Ltd has been operating in Ghana for two years. Below is an extract from
the Trial Balance as at
The Company commenced business on st January
Notes
i Reserve is calculated at Net Premium Income
ii Assets were acquired on s January
Where applicable, use the following rates of Capital allowances
a Compute the tax liability of the Company for year Assessment.
b What would be the position if it had been a Life Insurance Company? marks
Corporate Tax:
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