(ii) Any increase or decrease in the group’s budgeted corporation tax liability for the year ending 30 June2008 due to the restructuring on the assumption that trading losses will be used as efficiently aspossible. (8 marks)
题目
(ii) Any increase or decrease in the group’s budgeted corporation tax liability for the year ending 30 June
2008 due to the restructuring on the assumption that trading losses will be used as efficiently as
possible. (8 marks)
相似考题
参考答案和解析
(ii) The budgeted corporation tax liability for the year ending 30 June 2008
Following the proposed restructuring, Rapier Ltd will be carrying on four separate trades. The current year loss arising
in the Dirk trade can be offset against its total profits. Its three subsidiaries will be dormant and will not be associates
for the purpose of determining the rate of corporation tax.
更多“(ii) Any increase or decrease in the group’s budgeted corporation tax liability for the ye ”相关问题
-
第1题：
67 In general, attempts to smooth out period to period resources will _____ the scheduled time and _____ project costs.
A. Increase, decrease.
B. Increase, increase
C. Increase, increase or decrease.
D. Decrease, decrease.
E. Decrease, increase
正确答案：B
-
第2题：
(ii) Assuming the relief in (i) is available, advise Sharon on the maximum amount of cash she could receive
on incorporation, without triggering a capital gains tax (CGT) liability. (3 marks)
正确答案：
(ii) As Sharon is entitled to the full rate of business asset taper relief, any gain will be reduced by 75%. The position is
maximised where the chargeable gain equals Sharon’s unused capital gains tax annual exemption of ￡8,500. Thus,
before taper relief, the gain she requires is ￡34,000 (1/0·25 x ￡8,500).
The amount to be held over is therefore ￡46,000 (80,000 – 34,000). Where part of the consideration is in the form
of cash, the gain eligible for incorporation relief is calculated using the formula:
Gain deferred = Gain x value of shares issued/total consideration
The formula is manipulated on the following basis:
￡46,000 = ￡80,000 x (shares/120,000)
Shares/120,000 = ￡46,000/80,000
Shares = ￡46,000 x 120,000/80,000
i.e. ￡69,000.
As the total consideration is ￡120,000, this means that Sharon can take ￡51,000 (￡120,000 – ￡69,000) in cash
without any CGT consequences. -
第3题：
注入造影剂后，血液对X射线的衰减能力 The ability of blood to attenuate X-rays after injection of contrast agent
A.增加 Increase#B.减少 decrease#C.不变 unchange#D.视造影剂的浓度而定 Depending on the concentration of the contrast agent增大 -
第4题：
88 Management reserves are normally defined as a % of the total budget. As a project progresses, the project manager wants the $ value of management reserve to _____, whereas the customer wants the management reserve to _____.
A. Increase, increase.
B. Increase, decrease.
C. Decrease, decrease.
D. Decrease, increase.
E. Remain the same, return to customer
正确答案：E
-
第5题：
2、注入造影剂后，血液对X射线的衰减能力（） The ability of blood to attenuate X-rays after injection of contrast agent（）
A.增加 Increase#B.减少 decrease#C.不变 unchange#D.视造影剂的浓度而定 Depending on the concentration of the contrast agentA -
第6题：
对于上反机翼，右侧滑会使右翼局部迎角 ，左翼局部迎角 。 For dihedral wings, the local AOA of the right wing will and the local AOA of the left wing will .
A．增大，增大 increase, increase
B．增大，减小 increase, decrease
C．减小，增大 decrease, increase
D．减小，减小 decrease, decrease
增大，减小 increase, decrease