A resident enterprise in China had the following incomes in 2016:(1) RMB 500,000 obtained from the fiscal appropriation;(2) dividend derived from equity investment of RMB 150,000 between resident enterprises;(3) Income of RMB 200,000 derived from immovable property transfer;(4) Interest of RMB 30,000 derived from government bond.Which of the above statement(s) is non-taxable income according to the rules of EIT?

1 .Which of the following statement(s) about stock incentives is correct?(1) There are three main types of stock incentives: stock option, stock appreciation right,restricted shares.(2) When accepting stock options from employer, it will not be taxed as taxable income.(3) When company honours stock appreciation right for employees, taxable income of "wages and salaries" will be recognised.(4) When accepting restricted shares from employers, it will be taxed under "wages and salaries".

A (1) and (3) only B (1), (2) and (3) only C (2) and (4) only D (1), (3) and (4) only

题型: 单选题 提问时间: 2021-08-25

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2 .Company A is a non-resident enterprise without establishments in China, had the followingbusinesses in 2016:(1) Sold goods to an enterprise which located in China, all contracts and negotiations duringthe course of transactions were handled in China;(2) Transferred a immovable property located in Japan to an enterprise which in China;(3) Invested in a foreign investment enterprise located in China, and obtained dividend fromthe foreign investment enterprise in current tax year;(4) Sent an employee to another enterprise located in China to provide technique trainingservice.Which income(s) derived from the above mentioned businesses was China-sourced incomeand should be subject to EIT?

A (1) only B (2) and (3) only C (1), (3) and (4) only D All of the above

题型: 单选题 提问时间: 2021-08-25

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3 .Mary is an electronic game player. She got 100 swords when she reached Level 4.She sold 10 swords at RMB 20 each.What is the amount of individual income tax payable by Mary?

A RMB 40 B RMB 0 (not taxable) C RMB 400 D RMB 0 (exempt)

题型: 单选题 提问时间: 2021-08-25

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4 .Wang, a new accountant of an enterprise, summarised determination methods of incomesources as follows:(1) Place of income from goods and chattels transfer shall be determined in terms of thelocation where the enterprise/organisation/place transfers the goods and chattels;(2) Place of income from service providing shall be determined in terms of the locationwhere the service provided;(3) Place of income from the transfer of equity investment assets shall be determined interms of the location where the enterprise accepts the equity investment;(4) Place of income from interest, rental and royalty fee shall be determined according tothe location where the enterprise, organisation or place bears or pays such income.Which of the following statement(s) above is correct on the meaning of income sources?

A (2) only B (2), (3) only C (1), (2) and (4) only D All of the above

题型: 单选题 提问时间: 2021-08-25

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5 .Tom got a WeChat red-pocket money of RMB 280 from his friends during mid-Autumn Festival and discount coupons via different WeChat groups of RMB 500.What is the amount of IIT which the payers of red-pocket money and discount need to pay?

A RMB 195 B RMB 156 C RMB 0 D RMB 70

题型: 单选题 提问时间: 2021-08-25

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7 .Which of the following persons are China tax residents?(1) A person with China domicile working in the United States for the whole year of 2017.(2) A foreigner who travelled to China to work for 185 days in 2017(3) A foreigner who travelled to China to study for 340 days in 2017.(4) A foreigner who stayed in China for sight- seeing for 91 days in 2017

A (1) and (3) B (2) and (3) C (1), (2) and (3) D (2), (3) and (4)

题型: 单选题 提问时间: 2021-08-25

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8 .Company T registered in China, had the following businesses in 2016:(1) RMB 1,000 of three-year government bond was bought in the beginning of the year;(2) The proceeds of RMB 1,050 gained from the government bond transfer after 300-dayholding;(3) The interests of the government bond would be paid back with the principal when beingexpired; the annual interest rate is 4.3%.How to pay EIT when Company T obtained the interests and proceeds from government bondtransfer in 2016?

A Interests of government bond were tax exempt, proceeds from government bond transferwere taxed at the income of RMB 50. B Interests and proceeds from government bond transfer were both tax exempt. C Interests of government bond were taxed at income of RMB 35; proceeds fromgovernment bond transfer ...

题型: 单选题 提问时间: 2021-08-25

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9 .Enterprises in China had incomes as follows:(1) Incomes derived from donation received by non-profit making organisations;(2) Incomes derived from business operations by non-profit making organisations;(3) Dividend obtained from resident enterprises by non-resident enterprises withestablishments in China, the dividend have the effective connection with theestablishments;(4) Investment income from a less-than 12 months continuous holding with the stocks of alisted company obtained by non-resident enterprise with establishments in China.Which of above income(s) is exempt from EIT?

A (1) only B (1) and (3) only C (2), (3) and (4) only D All of the above

题型: 单选题 提问时间: 2021-08-25

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10 .Company A, a China tax resident, the date on recognising its part of incomes was as follows:(1) Income received from equity investment, such as dividends and bonuses, shall berecognised on the date of the profit distribution;(2) The interest income shall be recognised according to the date stipulated in the contracton which the debtors shall pay interests;(3) The income from franchise royalties shall be recognised according to the date stipulatedin the contract on which the franchisee shall pay the franchise royalties;(4) The recognition of incomes from donations shall be recognised according to the date onwhen the donated asset is actually received.Which of the above option(s) about income recognition is correct?

A (1), (2) only B (3), (4) only C (1), (2) and (4) only D All of the above

题型: 单选题 提问时间: 2021-08-25

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