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Income Tax Form for the Year 2006
Name:
Government Identification Number:
Home Address:
1. Total wages earned in 2006 (this information should have been provided by your employer):
2. Amount of tax on income stated on line 1(See Pg.62 of the directions for this form to de-termine the correct tax amount):
3. Tax withheld from pay in 2006(this information should have been provided by your em-ployer):
4. Subtract line 3 from line 2:
5. If line 4 is a negative number, you have overpaid. You will receive a refund in the amount stated on line 4. (See pg.77 of the directions for this form to learn how to receive your refund.)
6. If line 4 is a positive number, this is the amount of income tax you owe (See pg.78 of the directions for this form for possible remittance methods).
Signature: Date:

What is required to complete this form?

A.Government authorization
B.An identification photo
C.Proof of employment
D.A separate instructional booklet

参考答案

参考解析
解析:通过“5.if line 4 is…your refund.”可以知道填写该材料表需要参考另外的填写指南。
更多 “Income Tax Form for the Year 2006 Name: Government Identification Number: Home Address: 1. Total wages earned in 2006 (this information should have been provided by your employer): 2. Amount of tax on income stated on line 1(See Pg.62 of the directions for this form to de-termine the correct tax amount): 3. Tax withheld from pay in 2006(this information should have been provided by your em-ployer): 4. Subtract line 3 from line 2: 5. If line 4 is a negative number, you have overpaid. You will receive a refund in the amount stated on line 4. (See pg.77 of the directions for this form to learn how to receive your refund.) 6. If line 4 is a positive number, this is the amount of income tax you owe (See pg.78 of the directions for this form for possible remittance methods). Signature: Date: What is required to complete this form?A.Government authorization B.An identification photo C.Proof of employment D.A separate instructional booklet” 相关考题
考题 (c) Assuming that Joanne registers for value added tax (VAT) with effect from 1 April 2006:(i) Calculate her income tax (IT) and capital gains tax (CGT) payable for the year of assessment 2005/06.You are not required to calculate any national insurance liabilities in this sub-part. (6 marks)

考题 (ii) Calculate her income tax (IT) and national insurance (NIC) payable for the year of assessment 2006/07.(4 marks)

考题 (c) Outline the ways in which Arthur and Cindy can reduce their income tax liability by investing in unquotedshares and recommend, with reasons, which form. of investment best suits their circumstances. You are notrequired to discuss the qualifying conditions applicable to the investment vehicle recommended. (5 marks)You should assume that the income tax rates and allowances for the tax year 2005/06 apply throughout thisquestion

考题 (b) Compute Gloria’s total income tax and national insurance liability for 2006/07. (7 marks)

考题 (c) Prepare brief notes for the proposed meeting with Charles and Jane. Clearly identify the further informationyou would need in order to advise them more fully and suggest appropriate personal financial planningprotection products, in respect of both death and serious illness. (9 marks)You should assume that the income tax rates and allowances for the tax year 2005/06 and the corporation taxrates for the financial year 2005 apply throughout this question.

考题 (c) Explain the capital gains tax (CGT) and income tax (IT) issues Paul and Sharon should consider in decidingwhich form. of trust to set up for Gisella and Gavin. You are not required to consider inheritance tax (IHT) orstamp duty land tax (SDLT) issues. (10 marks)You should assume that the tax rates and allowances for the tax year 2005/06 apply throughout this question.

考题 (iii) State the value added tax (VAT) and stamp duty (SD) issues arising as a result of inserting Bold plc asa holding company and identify any planning actions that can be taken to defer or minimise these taxcosts. (4 marks)You should assume that the corporation tax rates for the financial year 2005 and the income tax ratesand allowances for the tax year 2005/06 apply throughout this question.

考题 (b) For this part, assume today’s date is 1 May 2010.Bill and Ben decided not to sell their company, and instead expanded the business themselves. Ben, however,is now pursuing other interests, and is no longer involved with the day to day activities of Flower Limited. Billbelieves that the company would be better off without Ben as a voting shareholder, and wishes to buy Ben’sshares. However, Bill does not have sufficient funds to buy the shares himself, and so is wondering if thecompany could acquire the shares instead.The proposed price for Ben’s shares would be £500,000. Both Bill and Ben pay income tax at the higher rate.Required:Write a letter to Ben:(1) stating the income tax (IT) and/or capital gains tax (CGT) implications for Ben if Flower Limited were torepurchase his 50% holding of ordinary shares, immediately in May 2010; and(2) advising him of any available planning options that might improve this tax position. Clearly explain anyconditions which must be satisfied and quantify the tax savings which may result.(13 marks)Assume that the corporation tax rates for the financial year 2005 and the income tax rates and allowancesfor the tax year 2005/06 apply throughout this question.

考题 (ii) Calculate the corporation tax (CT) payable by Tay Limited for the year ended 31 March 2006, takingadvantage of all available reliefs. (3 marks)

考题 (b) Calculate Alvaro Pelorus’s capital gains tax liability for the tax year 2006/07 on the assumption that allavailable reliefs are claimed. (8 marks)

考题 (b) (i) Calculate Amanda’s income tax payable for the tax year 2006/07; (11 marks)

考题 (iii) The extent to which Amy will be subject to income tax in the UK on her earnings in respect of dutiesperformed for Cutlass Inc and the travel costs paid for by that company. (5 marks)Appropriateness of format and presentation of the report and the effectiveness with which its advice iscommunicated. (2 marks)Note:You should assume that the income tax rates and allowances for the tax year 2006/07 and the corporation taxrates and allowances for the financial year 2006 apply throughout this questio

考题 (c) Calculate and explain the amount of income tax relief that Gerard will obtain in respect of the pensioncontributions he proposes to make in the tax year 2007/08 and contrast this with how his position could beimproved by delaying some of the contributions that he could have made in 2007/08 until 2008/09. Youshould include relevant supporting calculations and quantify the additional tax savings arising as a result ofyour advice.You should ignore the proposed changes to the bonus scheme for this part of this question and assume thatGerard’s income will not change in 2008/09. (12 marks)

考题 (d) Evaluate the effect on Gerard of the changes to be made by Fizz plc to its performance related bonus scheme.You should ignore the effect of any pension contributions to be made by Gerard in the future, consider boththe value and timing of amounts received by Gerard and include relevant supporting calculations.(5 marks)Note: – You should assume that the income tax rates and allowances for the tax year 2006/07 apply throughoutthis question.

考题 (c) The inheritance tax payable by Adam in respect of the gift from his aunt. (4 marks)Additional marks will be awarded for the appropriateness of the format and presentation of the memorandum andthe effectiveness with which the information is communicated. (2 marks)Note: you should assume that the tax rates and allowances for the tax year 2006/07 will continue to apply for theforeseeable future.

考题 (b) (i) Explain, by reference to Coral’s residence, ordinary residence and domicile position, how the rentalincome arising in respect of the property in the country of Kalania will be taxed in the UK in the tax year2007/08. State the strategy that Coral should adopt in order to minimise the total income tax sufferedon the rental income. (7 marks)

考题 (ii) Explain how the inclusion of rental income in Coral’s UK income tax computation could affect theincome tax due on her dividend income. (2 marks)You are not required to prepare calculations for part (b) of this question.Note: you should assume that the tax rates and allowances for the tax year 2006/07 and for the financial year to31 March 2007 will continue to apply for the foreseeable future.

考题 (c) In November 2006 Seymour announced the recall and discontinuation of a range of petcare products. Theproduct recall was prompted by the high level of customer returns due to claims of poor quality. For the year to30 September 2006, the product range represented $8·9 million of consolidated revenue (2005 – $9·6 million)and $1·3 million loss before tax (2005 – $0·4 million profit before tax). The results of the ‘petcare’ operationsare disclosed separately on the face of the income statement. (6 marks)Required:For each of the above issues:(i) comment on the matters that you should consider; and(ii) state the audit evidence that you should expect to find,in undertaking your review of the audit working papers and financial statements of Seymour Co for the year ended30 September 2006.NOTE: The mark allocation is shown against each of the three issues.

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考题 听力原文:The tax return does not show accrued income.(8)A.The tax return is not shown in the income.B.The income is not accurate in taxation.C.The tax should be returned according to the income.D.The tax return is not in accordance with the income that should be taxed.

考题 Rockhill Corporation operates a women's clothing boutique. Taxable income for the current year is $60,000. What is Rockhill's income tax liability?() A、$0B、$6,000C、$9,000D、$12,600E、$15,000

考题 根据短文提供的信息,完成 117~120各题。Taxes are a big part in the United States.Most Americans pay city taxes,state taxes,social security taxes,sales taxes…,and the list seems endless.The biggest tax for most Americans in that on the money they earn——the income tax.The personal income tax is called a“progressive tax”because it takes more from those who earn more fl or example,a person who earns about 3,500 dollars a year will pay a tax of only about 3.5%of earning. But of the same person earned 85,000 dollars a year, he would pay an In come tax of 35%.Over the、ears the income tax has become more and more difficult for people to un Dustan D.M almost only half of all-Americans now have t0 pay experts to prepare their tax fee pores in fact,preparing taxes and giving tax advice have become a big industry in America.第 117 题 Most Americans pay( ).A.taxes which are too many to list.B.taxes either t0 the cities or the states they live in.C.so many kinds of taxes that they even don't know the names.D.several kinds 0f taxes.

考题 三、阅读下面短文,根据短文提供的信息,完成下列各题。共4题。每题1分,共4分。 根据短文提供的信息,完成 117~120 各题。 Taxes are a big part in the United States.Most Americans pay city taxes,state taxes,social security taxes,sales taxes…,and the list seems endless.The biggest tax for most Americans in that on the money they earn——the income tax.The personal income tax is called a“progressive tax”because it takes more from those who earn more fl or example,a person who earns about 3,500 dollars a year will pay a tax of only about 3.5%of earning. But of the same person earned 85,000 dollars a year, he would pay an In come tax of 35%.Over the、ears the income tax has become more and more difficult for people to un Dustan D.M almost only half of all-Americans now have t0 pay experts to prepare their tax fee pores in fact,preparing taxes and giving tax advice have become a big industry in America.第117题:Most Americans pay( ).A.taxes which are too many to list.B.taxes either t0 the cities or the states they live in.C.so many kinds of taxes that they even don't know the names.D.several kinds 0f taxes.

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考题 When young people file their income tax form, they will often follow in their parents' footsteps.A.Right B.Wrong C.Not mentioned

考题 单选题Income tax rates are()to one's annual income.A relatedB dependentC basedD associated

考题 单选题Mortgage and other financing income decreased $8.8 million to $18.8 for the year ended December 31, 2006.The income in 2006 was reducedA to $ 8.8 million.B to $18.8 million.C from $18.8 million to $8.8 million.