Company A, a Chinese resident taxpayer, is a high and new technology enterprise, it planned to build new factories to expand its production scale, and the basic information was as follows:(1) A long-term loan borrowed from a bank on the date of 1 January 2014, the principle of the loan was RMB 30 million, the annual interest rate was 4.5% and the life of the loan was 3 years.(2) The building of factories began on 1 April 2014 and had been completed on 31 December and put into use.How much financial expenses could be deducted according to the related rules of EIT when calculating the tax payable?

1 .An enterprise, a resident taxpayer located in China, handled the following incomes with methods:(1) Product buy-back transaction, the enterprise did not recognise income when sold goods, payments received should be recognised as liabilities;(2) Selling goods by buying one get one free method, income for each good should be recognised by apportioning the sales revenue according to the percentage accounted for by fair value of each good;(3) Goods are sold by trade-in. Income should be recognised depending on sale price. The reclaimed goods should be treated as purchased goods;(4) Goods are sold with trade discount. The income should be recognised after deducting the amount of trade discount.Which is the correct answer of above options about the statements above-mentioned?

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

题型: 单选题 提问时间: 2021-08-24

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2 .A cosmetic enterprise in the territory of China had the following transactions in December 2014:(1) There was welfare to the employees which was granted with the cosmetics and rice purchased in December;(2) The cost of the cosmetics was RMB 100,000 and the market value was RMB 200,000 in the same period;(3) Purchase price of rice was RMB 50,000.How much deemed sales income was the above welfare granted according to the related rules of EIT?

A 100,000 B 250,000 C 300,000 D 350,000

题型: 单选题 提问时间: 2021-08-24

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3 .A clothing factory is Chinese resident taxpayer, occurred the following wages and "three expenses" Which were booked into accounts of cost and expense:(1) Total wages and salaries actually paid was RMB 5 million;(2) Employment welfare expenses actually paid were RMB 750,000;(3) Employee training expenses actually paid were RMB 100,000;(4) Labour union funds appropriated were RMB 84,000.How much expense of "three expenses" could be deducted when calculating taxable income of tax year 2014?

A 754,000 B 784,000 C 884,000 D 900,000

题型: 单选题 提问时间: 2021-08-24

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4 .An electrical appliance company had some sales businesses in tax year 2014:(1) Sold electrical appliances needed installation and test on 10 August; the goods were delivered to the purchaser and had been installed and tested on 20 August;(2) Sold electrical appliance by the settlement methods of collection with acceptance, the procedure of collection was finished on 5 September;(3) Advance payment received on 15 August from an electrical appliance order placed by a stadium, the goods were delivered on 15 September;(4) Sold electrical appliance by means of consignment and paid commission to the consignee, the enterprise received the list of the consignment on 20 August.Which sales could be confirmed its income in August 2014?

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

题型: 单选题 提问时间: 2021-08-24

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5 .Company S, a Chinese resident taxpayer, paid the following taxes in tax year 2014:(1) VAT paid was RMB 100,000;(2) Business tax paid was RMB 120,000;(3) Land appreciation tax paid was RMB 80,000;(4) Enterprise income tax paid was RMB 50,000.Which tax payment could be deducted before EIT when calculating tax liability of company S in tax year 2014?

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

题型: 单选题 提问时间: 2021-08-24

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7 .Company T, a non-resident taxpayer with establishment in the territory of China, is nonfinancial business, part of its expenditure in tax year 2014 were as follows:(1) Accumulative depreciated allowance was RMB 200,000;(2) Properties loss for transfer was RMB 50,000;(3) Interest paid to other establishments of company T was RMB 80,000;(4) Penalty for breach of contract paid to other enterprise was RMB 100,000.Which expenditure could be deducted when calculating the taxable income of EIT?

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

题型: 单选题 提问时间: 2021-08-24

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8 .The mobile car of company C was destroyed because of traffic violation by the company's driver, Mr. Li, the data of the mobile car was as follows:(1) Book value was RMB 300,000;(2) Accumulative depreciated allowance was RMB 200,000;(3) Compensation from insurance company was RMB 60,000;(4) Compensation of RMB 30,000 from Mr. Li was asked by company C.How much losses could be deducted before EIT calculation?

A 10,000 B 40,000 C 70,000 D 100,000

题型: 单选题 提问时间: 2021-08-24

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9 .Which one of follows could be adjusted to increase the amount of taxable income on thebasis of total profit?

A Interest of national bond B Business tax supplement checked by tax authorities C Welfare expense incurred over the deductible limit D Exchange losses at the end of accounting period

题型: 单选题 提问时间: 2021-08-24

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10 .A Chinese resident enterprise included wages and "three expenses" in tax year 2014 in its cost and expense accounts:(1) Total wages and salaries actually paid were RMB 3 million;(2) Labour union funds were RMB 50,000;(3) Staff welfare expenses were RMB 450,000;(4) Employee training expenses were RMB 150,000.How much wages and "three expenses" could be deducted before EIT while calculating the taxable income?

A 3,100,000 B 3,498,400 C 3,948,400 D 3,545,000

题型: 单选题 提问时间: 2021-08-24

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