CourseLover

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About CourseLover

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Teaching Since: May 2017
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Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Business & Finance Posted 09 Dec 2017 My Price 10.00

Compensation recieved by an engineer company

Which of the following statements is false?

1. Compensation recieved by an engineer company for loss of profits upon cancellation of plans to build an international cricket stadium in darwin wiuld generally be regarded as income.

2. Vertical equity means that people in the same circumstances earning tge same income are to be taxed the same

3. An amount received by a newsagent for signing a restrictive covenant agreemant stating that he will not open another newsagency within a 5 km radius of the newsagency that he is selling would generally be regarded as a capital reciept.

4. The commonwealth govt tax on cigarettes is not an example of the neutrality principle of good tax design

Answers

CourseLover
(12)
Status NEW Posted 09 Dec 2017 03:12 PM My Price 10.00

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