Garrett may exclude his income tax as a single individual is $250,000.
Income tax is an immediate tax that a government levies on the profits of its citizens. The profits Tax Act, 1961, mandates that the principal authorities accumulate this tax. The government can exchange the income slabs and tax costs every 12 months in its Union budget. Profits do not most effectively mean cash earned in the form of income.
For the economic 12 months 2022-23, an individual is required to pay profits-tax if his/her overall earnings exceed Rs. 2,50,000. In the case of resident people of the age of 60 years and above but under 80 years, the fundamental exemption restriction is Rs. 3,00,000 and for resident people of eighty years and above, the restriction is Rs.
The federal income tax prices remain unchanged for the 2021 and 2022 tax years: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The income brackets, even though, are adjusted barely for inflation. Examine for greater approximately the federal profits tax brackets for Tax 12 months 2021 (due April 15, 2022) and Tax yr 2022 (due April 15, 2023).
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Answer:
I could not find the exact details related to this question so here is a similar question to guide you.
Goodwill = Acquisition Price - Net book value (Investee)
= 75,000 - ( Assets - Liabilities)
= 75,000 - ( 90,000 - 40,000)
= $25,000
Identifiable noncurrent assets is overstated by $10,000 however. This will have to be adjusted for tax and then removed from Goodwill to find the Net goodwill that should be reported in the investor's consolidated balance sheet prepared immediately after this business combination.
= 10,000 ( 1 - 40%)
= $6,000
Net Goodwill = 25,000 - 6,000
<h2>
= $19,000</h2>
Answer:
The probability of pet dogs adopted between 15% and 20% is 0.4096.
Explanation:
Let <em>X</em> = number of pet dogs adopted from an animal shelter.
The proportion of pet dogs adopted from an animal shelter is, <em>p</em> = 0.19.
The sample of pet dogs selected is of size, <em>n</em> = 80.
A Normal approximation to Binomial can be applied in this case since,
- np = 80 × 0.19 = 15.2 > 10
- n(1 - p) = 80 × (1 - 0.19) = 64.8 > 10
So the sample proportion (
) of pet dogs adopted from an animal shelter follows a normal distribution.
Mean of is:
Standard deviation of is:
Compute the probability of between 15% and 20% as follows:
Thus, the probability of pet dogs adopted between 15% and 20% is 0.4096.
Answer: Strategic plan
Explanation: In simple words, refers to the plan that helps an organisation to direct its operation for the maximum benefit. It focuses on how to attain objectives rather than what to attain. It determines the factors that are important for achieving goals and the steps that one has to take.
In the given case, the hotel is offering their customers several facilities so they can enjoy a healthy service.
Thus, we can conclude that the correct option is strategic plan.
Answer:
A. Long-term capital gain of $185,000
Explanation:
