ACCT 422 SEU How the Tax Base Is Calculated as Per the Income Tax Law Questions

‫كلية العلوم الادارية والمالية‬
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Assignment 1
Deadline: 15//4/2023 at 23.59 pm
Course Name: Tax And Zakat Accounting
Student’s Name:
Course Code: ACCT 422
Student’s ID Number:
Third Semester
CRN:
Academic Year: Summer Semester 1444 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: Marks Obtained /Out of 15
Level of Marks: High-Middle-Low
marks
Notes:
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The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
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Assignments submitted through email will not be accepted.
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Students are advised to make their work clear and well presented; marks may be reduced for
poor presentation. This includes filling your information on the cover page.
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Students must mention question number clearly in their answer.
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Late submission will NOT be accepted.
‫كلية العلوم الادارية والمالية‬
•
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Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
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All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures
containing text will be accepted and will be considered plagiarism).
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Submissions without this cover page will NOT be accepted.
Assignment Question(s):
(15.0 Marks)
(Three Questions Each Question Carries five Marks)
1. List taxable persons according to Article (2) of the income tax law
Answer:
2. Explain how the tax base is calculated according to Article (6) of the
income tax law
Answer:
3. What is Withholding tax and its rates according to Article (68) of
the income tax?
Answer: