A TEST BANK QA-PS QUESTIONS and answers PROBLEMS and solutions in TAXATION with the highlights of the TRAIN LAW: TAX REFORM FOR ACCELERATION AND INCLUSION Discussed succinetly before any set of elated questions and problems —_———_—_ VIRGILIO D. REYES = —_———————__ FOREWORD at do you na" i047 You wl ren, or be assured on ‘that you Aw now, fom he bk! at more must you now? You fd hem ines book! | -reating ony aust end ance, or fay rable and elution, wets tng bok fob mind of one who Ure hr oak a at he had IeSned ‘betes on te fap tet te sujet of to quan ‘bien. and perchance gv him Sidon trowege 2, or Boer ‘haertanang ot what hd stdin ble any cusses in te took were glvon in exainatons befor, snd ste papoose repos them et amaze he war ee bok on “de ‘iat wil be the sft of ay change i te tax rates (ncome tx tino, donors ts te} an the prime nd aon na bk reo ryt Theo vr som wero be cet wing {Somes io anv tt tox basse on wnch to op he urs ON {Ror Soes ne mse sto tox rts pean she mean ‘tamnton, lr won. may Be aplod ‘auesTioNs ANO SUGGESTIONS. Aha tage of yourrevew al you maka ue of hi a bank? (9 An eco ole er or esr on (0) Ae povarton tr pode ape toard or peta examination? {6 Towaesthe ond of he enw? his dong suggestes hatte ()..ntat way you enh profound,an became confit on, what you lead om 8 act 3 eng 50) o (6) and you at rab oanewer a uesion potion ‘teat bank you ray fea iadonete wi our knowlege sored ‘om lec or tom yout reng, Gans, te may ary be ‘mpeaves fo so your tn reset, ia he neon fr Tatton may be fsa. Tha aor indws tie om Deng © evlowar onthe eae Tae There wore amendments on the tax laws by the TRAIN (ax Reform for Accoloration and Inclusion) LAW. You ‘il nd the amendments Incorporated in hin Teet Bank 88 discussions proliminary tothe set of questions, prob toms, answers and solutions onthe tax affected by the amendment. EXPAND AND UPDATE YOUR KNOWLEDGE IN TAXATION! KNOW THE RULES. THAT ARE CURRENT WHEN YOU SIT FOR AN EXAMINATION. CONTENTS, iTRoDUCTION ‘BASIC PRINCIPLES OF TAXATION INCOME TAX “TAXPAYER IS AN INDIVIDUAL TAKPAYER IS A CORPORATION TAXPAYERS A PARTHERSHIP ‘TAXPAYERIB AN ESTATE OR CO-OWMERSHIP TAXPAYER IS AYJOINT VENTURE OR A TRUST ‘Gross cows DEDUCTIONS FROM GROSS INCOME 'SALE OR EXCHANGE OF ESET WASH SALE, MERGER AND CONSOLIDATION BUSINESS TAXES Documesarr Sa Tax ‘COMMUNITY TAK ‘TRANSFER TAXES oNom STAR MISCELLANEOUSnto to cea, Pr nd eon eon ' [BASIC PRINCIPLES OF TAXATION Writer tenets et cont? (2 TowamayBempesed rave ves prove denne 0 cen chen tain mesa (oT aaa over sone Cantando ck (9 beta ct owten,t can ying ey (@) The wovsonct atin ne Ppa Cnebton ae gre ox ‘wean onto cn ng ones (CPA exmnan guts) ‘Sher ) a sanantonio ton ‘rma ese (iio poised ne Phone tran rose geo ty on Be ou ota (Tn oe: (Fale aes (0 Te (rae te (hestedbeindelisamted ban Eraion ste) octane, Preto nd tone Tan 2 ts nonome fom We tee te dar Const, Unaerne Pipe Corts, on anak efuason nit Kens eampttom ncameto. ‘Soman 1 This aampen for te spe were edo Sinisanyaregous eerste ‘Soret The pany conn he tx ston ersurage i eaten ebsaons! msteces wi spose ses oer recon monaia (Grtmnviom Fan fae, (ores) Fee, to Itosiedercatesrriatn BAR orien 2sbon) anese, ‘apo oh nce te wsrnaan ten iad ne Be tol Reno cari tm tem ts» ertaten fr ae pean tan ot {te Smoutol no more counch ho worm aly cin ed ‘hetetowhehitehiensea en a Stl 1 8 lance wth domain br be een, ‘Sema 2 Sve wih scametson econ ies Fon ‘ame os prc oe proven’ ho Phppne Soson co oe Seabee ap nd any sd a a (Gram Wor "yf, ae elon fare Fate oe (Moatoderpandesroomate aAR Sarton gveston) anees, ne th charac nam ean iu ty Greimaaln rates {8 Poeate nore (PA Exaniaton uetin)‘unten tn ren Peles an lion Taxon : ones 6, (mb chats of ual revenue tat ya (ey pascal, at 9 beste ere reco pean stough thet aa. ey never [ote eprops tee eleglreo a Arone tga (con amnsion ueston) anes, 1m cove of cnc. etoen ta vere gona axa Bioepos (CARP cxntrg (g) Beh sand GAAP sat ba ror (9) Get sat pra ner {© Torte sa peat 0688, (G Thon chats cor (CP Enatengucon) ie es oct yo pn ir dc, (ae mcs St ct ig 7 & eeemcnenesiemh peat oe an SS “eminent domain. Thus: (police power Tan ange fom aria on f t t sine Aner, Plea one Tnaton “ato dain em pate power rae SE prose trols rovens, wie poe power fo ope mis hy teen re REPS) se nponed sm plcs pow te heansfa snout a0 ek enon cary ot roan cores ve mairsatot Stake tk oe Simmewmacs es SSRESTS I oeeenensoe eam 8 eeigere ne {CPAExamrsonquston) ones seen fra pas ponr os nguatod fom ton? (a) tesveny etmsosedon spc ety & ope (2) The wort peed caper on thou acts se otk {@| tmvavsthe tng ot opery oy he goverment, {6 Trocnauremonee narra (Con Ezainaton queso) Be triceo paes poner and patna a amc ane when {Sore tas ony beth aru eal be cea say et ‘Rovaten ono hand whan ow sy Dns bt ede smh erm amen nat or oa) oe are oness2,{>A Bambatonqustn) usted Anne rene rd Seton Ten . ayToe. moe, OF, fie; (Tus be Fata, oe ‘eon Sraion seer) onesie. en ot anno ace oti eee a? isola Erato he he acu ymin Pe x ‘Toelng pene 2808 50 decor x rest by at repr Fs oe tort Debit Samet eaa me a ee es py a Fm smog pont he Piles (© Sng ema selhe Ue pees ced ea oe Pups ete tees ess act dr, thn nn © Realtree ree ana ay tthe caer (Gen Samoaioa gustan) ‘he perros conrbton by pasens on popaty eed by te on ee (cAEsariatonaesen) {Goce ont pve (CoA Examination gesbn)‘cotton an Anemos, Poblacion : ‘a pra rome, On wen egy dre ny maybe po- fates etecoyerb ia Snowmen pond Se law for proceeding against me properties, m onesie, {iota eed popaton te ale a he propa wih spect owiehe sat ated and eqs te manent of sees @ spree (inate lon of uch pope ‘Seppe cone colemn (9 sete {3 Spacer Roveeten (©PAeamnaten ten) toon anvsas. cn tte oonngstarers not core {aA an yo repre by api ot (Tow oper ta cana on operate ya egos oe ‘tort ta peer ta bt te teases hs (c) Tw nantnen ot atugten by eo pow an i at Mow te urns ral Rave moat i nn ‘ctu an pnt fas (@) Thepowar al tan tare by alse and excite dep (CPA Daman queen) anes 21 Pore enees 2 eorp tom crn aa fr 8 cata eo ESI iwen ete cr somes Vso he ow (a) Ti vaterine cones eauement oul of unoaty nae, (0) nes sauna naroe tr Sveloprent tte nator eon, (2) tne ml pense emploontepcruren 19) Tha neva unto dalen of th pro raton on cota goverment ape, sr ar Cages he Pa unto Arar Pel and alton eon . woven alsennng to wala wie a) Cree es “Poem peemstncenantrpestrsns os ey eres ae ‘emia etre bss votes a oso we good teal nT rein rex Strano sng tow tnt hy a ‘or gen me rn aw errr eens ed (Be earn oy ot owe ra pine ger) | RRPESLSRIMLGG"S wo creo! coger ene poner of anesz2 (ort tts: eee mereeess 8 oop menienenee Toate chit temamnaeee rere Ze cae i) Si nan od sic gh is gnc met ears soar para 4 OF “from ta, inthe sbsence 0 SE TLE eae edn eg 0 Rpg cama yw pop tn ger (contra! raters are Ghote igang segue anes ale pases, 6) Nope monet ctr roepurrenat £8 Reruse ease curctonpononoge or come eputeront Secetincoane, aed up consensus ang. ‘icin mgove yr ere(6) Re peer fg rag er 15 Reo bemalraputepapons anes, ‘rover (2) Aa ject mat (Fo in et ib, et pn pans (Sen al panes of ¢ conn tne, users win 8 pcad {Srtoy lina egneta ar aap or ocanaton (2) Proper lar = Ate ena sae pron or properties {ition i ane torpor whem ew (2) a= Go en ied ye pyr someone (©) Satomemnsion ee smoune 6 Spm tc Ate when pane 9 space um by the had ‘ho name stra of wget esac nai (2 Aton = dy an ve of et fimaion alc pe at ta Eran apes contented nna, Prana and San nnn ” hu tenes sujet eae (6 slopes GF Beas tov ener pups af goverment {8 Setaiec -Aterevea tr sspecn popes (© Aa reli ~A xed ye tnt Govenent {3 tedine Atm ivedy see! orormen Ae rrercne A winuhich the rerease ne tat rab 8 proportion oli nowsan eta ace nec rreae he ax te a opr © See bibeingene Dr bse Siac a ee prariage of anpurt of he base ‘omana (© (he ne apoyo amour of gers cept Se)‘ton an news Protons nd lon Tatton ” (CHAPTER 2. TAXPAYER IS AN INDIVIDUAL ‘TAX REFORMS FOR ACCELERATION AND CLUSION (TRAM LAH) a {Texoma ‘Gross income Prox tess Deductions = Eval: Taxable income Po 2 THE COME TAX RATES ON INDKOUALS \RADUATEO OOH TAX FFECTVE Janay ni (0 SELF-EMPLOYED ANDIOR PROFESSIONALS. rN A ea ae Sa ns pace ees 11) Me nc at not or 250889 = omg om (2) income te P2t8,00 ad ahve ‘Mesh percet on poets me esp FRULE2 Thowe whose gots sales or reeiis_ ected VAT PORES otto (1 MOKED MICOME (competion inca WA Income fo ee ‘mteyment (1) On the companion Income — Graduated rats PLUS: arton nd Anes Prob an oor Tenn © Sete tae ass on tnahie nce om harness = uo rn ae on es somonerang “canta oA TAC AND FAL TAXON PASGIVE NCO OF GTIZENS. Seana SERS | cxmpre: —_ ommigyee Sa SRS | oe x | ee _= + | att oF 156 exempt = Sony Ee | =e =| cots nec mre sh nn am Cobo in ln. ‘Spon en ter hd or earminae ncoms sl mabutes nt er, Psd Stone Tent 0 ‘gon ol het income rth cue txt year ono elo Si isotte sae nae oor i ‘The amount of etme income sl be pit nour tlie Ftintainest | — att tine of erat, Steondieamen Ont sre egg ‘tin intatnert~ On reer heat na sri ~ Ont nr ay et ewig sar Ci orca yes rte of 2.0000 and tie pone: of Phonon Hos macs fe mmc a owes Onto inamect 250060 a po 1:0 2 pean wih gore cape of 7200000" al deuce re a Fisch wt Sina en i eek (ose rca 20.00 ‘eon otroomnon0 Pee onremn00 rgnu00 050 90% ommd > zene “Wot enenng P300000 uzeaon sono 93% oe Pema eu sexed 2000000 neato te eaczoesonatn wh om pce hn be ossecinttam pteson "Se eee nsemanemenn fnee One rete des SE Raa ‘amt real trbee a8 MARRIED TAXPAYERS, Ferman inva, the husbend snd wile wil compat s2p2- wa tanta ie Seed oi repre te cue "comodo relent by eter of tho spouses, ie sams thal bo did eavely beoneon he spouses or deeming at ‘eipecbetacabie sane: mutton, JTAnnmmmhtan & mene ca Sessa inlet tpn Se Smee” aan eeimisceen pommeuit a ze ener Bone How mci tenemos Man he. A? Compson:uses at snes rien et Seite Tan Sexe tana eta ecn, "10S ‘pons eos sien cece Pi rasta a maroon ‘Sostofees nd cores ft aniaee ‘Seesreop tom rus P300000 Scalanaeenne neces ctpcteton at (Somsane teens Prom rem tn (20000) aszoo Semi gage xen P3.000000) ‘onPlasoaco teat oer ‘THE INCOME TAX EXPENSE OF THE NOIVIDUAL. Soe page 12 fre lof pl gl a fit on ein peas comes Mc Fade lon ain cab yor Imes on rigors sey Stk ent (Gp gon en ae rane Pe ‘Ghng ros of PS 0000) peceeesse met scam open oes inane x6 of P0090) alten ert on ba pol (P9009 20%) pia gan no an (eng peso 000084) P2oaco ‘00900 1000 (edt spores anatase fm nome fa lenge 10098 age rage 5300 scout neering ee eee eeexeon sd Aninr, Poti an Sta Ton ‘ota an teams ia of ana har an empye o salt ‘loa, ohn wy aru wh ewe yas ek, ‘harm inc aan aoa epee a nino casa fan mes, te emule ‘ogre fom empomen les, Donate) Meese ore fom poe nc ‘eine Tn cera me Inte care set anpoys omls manta heseaa oe mera Se nae g mea AnsweSoion, Seemann aa rot [us [oa | ele greneacmemern [rg beg [re [ele Seeeeewas |g | deel. aan "Bh [ee fee ret aa | | aoe Emmet | gel ge| ot | oe ieee Sere | ow fel eral et Soltnan'nam ae De Papp ‘od [oes [sted | ons Sasa emer Soest er oe — ianes, ‘he eo mile ro aabie Meme om Buses cr session er ‘SeTosaotcnzn shri nonsense Poses ‘newest, Penn he Pte Gaziname itn te Phgonss Grose noone we Pi (Grcntmomewin taoraptt_ pee sen nce mh ceca ot pes cinta ‘semper ee ncn ee Elpensafeees whine Phigpees pansnones win be a hat! Santas Daan Sion Senda Datcton in Tonle noone Opto! (2) Steen ann frag ar mnacueng er (3 Oren monn tran osersne Ansetston esac man yal eserceia be Pgprok. Hower — ‘ctw rages to tae ae eae Pes forone hae syed futors no 96 eed ye 123) ‘more byte etn our il bs conde 3 ropes tan morse of hs leg etsy eben (thors ne Ines © Inston) Brea a neal Revenue rang “rust actu tb Piles le he Piper on Ose: 5. 21725 ied num 1908 va, ht coo “cist 83 ta Popes te pons en Fay 1 Ts ees Jt 2018 Howl rae Fer SO reion or 20, shonseaen e209, rene ston er Pons od Sosa 5 vie cme my arora tag ne ae amet an Sha te tate yuo ene peaneny ator ioe grain se ety es waves Phipce wh eect noone deed ot eon ad nl eee hs soba ino Palos ‘pon ness. ce nme nh tein te oop ger deen IRSA eign aed (Sitrad me Soy tethie rotttesir octane a Sra edi Cars ear nar Rei Saat ec as caemtcacn anes nut toting cana econcanpersion hae owen ‘ene ton gman ns i lin 2 wh by ‘Seta tre you Te empyema nan Pe asmeee | ‘Aleonat:Aroteng tho witilting icon ae ‘San The yr wed te Wha Ta Tbh Ba of rs ermal euch cart ray pyar wt ston hee ‘Seale compu ote ovbw ever sep be es {Sor Stee uations een Seema ene a ‘Seeomouens Prone ae = [erie seer io pons ee = 2 SS ae ful mores = eatcornr ee Incore arts be uhh on los sey ek, sat sc a [CHAPTER 3. TAXES ON CORPORATIONS. ‘ans se-omee nto, RO-Resten copes. C-Noret sepin Tesoro a a Se Speapemeutran aed nun ee ees ‘ues i an oe erst [rete ene (Serato on Sanat | not | Fra Eeeronay area om maya tens bo aon th Remar lran aan name oes) 2d cree ™ ‘Seemmtasersee | o ironman g haere ror rae Tea gre ene an ne Poe Frasesaxes2 Danette copa are engitons oranges under Phiene ‘rin Steere ss amas noe Paaones og nee ee ‘Shorter Sve ators = omarion Sone cen oe one Ser eoeeaaterigeee Gomme wnn temp Gras Wome ein he Paes ee fees Sect ine ace atin so - pt me ir Ppa Se gatemtecnacin Su Sd ncn ae ‘Eats mencone wn re Nomaincone Oe a304 <0) Sano i 9% ‘pie inten eeetne Seg hme Spee wonteruag encom te ‘Ss nnn ai Pe SoStpacs rome) Momnerstnemationsm seeming ht =e =e es ace iret) tna tc on oh — amange oa hse, tet eons Tao, es ours * = ont Telecare St OSNE ne os ofc a Seaside Tarren OF tse; (Tom ie, (Fa, oe i i ee et Sieegiemeti tenting omar Sibeccit erties ater state Soest ape ccmurr deuce Ser sac sap eenernt wes anese Soret sot i coprten mit an oct ec eT a cpanel a cau teld conor. can sre (Sonar cnn te scomanton ps eee a Bua St Dc mel how le section tes or ean opt Gtr tac: 0) Tete. (Tn fe; (0 Fa, ne Anerson ‘Obs. eprtins we ose camo cond by at mars an Seta ia y pron ovine oan ee Pirate ty ano mtd eambloe otra pone a Sees Biaaccswel sores decor ecy oy ofa nt mae han Say ceca rss ‘donot comport ne yer pros ha Ses neooe 2309900 Epona ses ‘sn0.00 een ait(2) Cros enzo dato: {3 Utng eos Sanaa eat, {Serta Dotcton ar 2 0000) ean bong oes ne Pein, on oa afpamaeseampanar a (os of P350 O06 end cote POD seenaeg eran eater ammo Semen: Soe Regen rae cre sre oases a 220900 sonson aso P asm enn vs, Peta ma Se Ten = costo racpn seals ae Sens eine mecca 338003259 © oom sen ie 02 5 aise Nee soe a Sy femene i 0 mets eam onset, emnscamnetnryaonca r stn cnofe esos Px assay P2090 See eee “aes "Se "Fal (are copes cote be Heed dette eam fr he Ht (a) Petortn citrate ot cae ie topmmn can Sr Sara Btn rn et gut nomen (eran ad yor ent sa Raed ce, wo zg 0 Yew (2) Hn when wb he fr it, cangultons the cy I ySactdun mistis tom easton Compass sre (0b au th it ane Optra Snaas Decne ‘cue tho ss Cpa Sd Coon avo sta Yew Gee cen SANE PEED PHEORED PLINER Sicgerceme ison som | sonamn ss0en0 Testi ame eainew® loo © con > Tanml Cantons an ecw, Fn eon ten, » etiam tants “i a re + patnconinret on tk Spon naw fear Your? Yours Yours alin oan, pay 280000 ware | a 7ig39%9 Ptona99 Psco.900 Faan00 P0000 Nort ce ne rt vas que ofthe yee) 380,000 er Tat ES REE ae nn Sse 2 How much ae income tax ue in wach ofthe years hom Vier St Year 8? agepaten fans comings Sx Peckczzsion +900,000 iran! fermen ars eae be AT bo Poem 1b cone yb ET ven or ee svt et tt vt are "i ey rasan iene ron & ‘82 RS Be ES aE me i os ao BS ES Se oe Nei tan toward rn st ent cameron P so omy? game Sain Inca nt set oso din Eh Figs Seememeecs ae So" ama oa mam vias rat aaa BS aun ire tS eeieinorst ‘Site an See Le in sharin eto er Sheioonis 3 Sranina i wither anette: se a ae Hiaasen antes Rmceeninannomencreme ER ores Series! tna oc SS ose secmecreretss gee ee ‘ae a See tea 2 — “a8 Copalgineneae ced eibing cnawaligrest Ee tes ecconarancny Pa CER ease nya nit tpt nha cree ne ae = Buninees expense 4 2,000,00 é An impropaty sccumlated earings tnx return must be Med by @ osely-neld Fe JS Selassie ge = F SSishcomcuen 28 anes,‘SStenen 2A cosreon of nerd win yea th payment sctaedg yor, catol eat i ET ie oot elo (Tum tur, ) Fake, fie; Tbe, (6) Fl, om aad [AnawerSciton€) Revenue Regustons No 2(reame Tax Reuben): Accanion ‘elgpeperttie mms - Sorgetmmanerene tam nameaes TiLK nas eames Sale eae ean eens eos hee SS oes cones {caine attri ta nen emg rat Scunatomatritare tamer corners ttc: Se cecey eae eee soto meas ecargpeaaeaaae {ier ptm cpanel ie — dice 2 The cl eee lx camped an amc tinct tate (erode eco ie chic 2c wong ee Ln get Annventoton— ‘uestone on tor, Pablo Tete = ‘CHAPTER 4. TAXPAYERS A PARTNERSHIP ‘TAXREFORI FOR ACCELERATION AND CLUSION (TRAIN LAM) ———_T— ET ‘5 gear profecionsl prmerhip nd te panna compa ‘ra of th Opto Standard Bodo says a el potestons proernip athe sateen Sasa he Coonan the ore eg ans, Seman 1, gout pts! purer ex am ine et pao wb arom haw hems ee ahs Eeicmel#'neuaany ole sgl petra pats get comayeusnim ciagettesgtens (2) Bem tamer a conece (5 bee sama ae wens {6 totalmente ieee ees Anewsoion: 2 anes, 2h 0, & gee oes armen, ta he owing te et nos tenet ens 209900 imeraton Poa cto Sat pat “hoo peor eof Peer ate eet eames P P smo%0 Sanam erpones oem? Seabee (9 Yor ett mel on pt | ) ew mecha ofA Parmer ashe pes nse foo ton he peti? » gems imma hone ee rg Serna ae Ti ica donucione WF cont and sipentes ‘som samme nas Sessa evitooa Sma ree ott nen sess ‘ma na == a a mace rime + Ta sere ena cite ets Y28Co, agen panei, isch yet of operas had (gos also mercer 2.0900 Soe Sasores aaa he home ‘oe ten on Popes dopst "moo ‘tary name pt soo Wm perl toot Pamey —Pamerz Gots aeaacebe og sonoto (Sse andes (etl) ‘ao. Sona {s) How maha edna shar ox pare {8 How ete autem oa parerres toh? (2 How meh come ac of pene?eu | Het etnias Hoialulig tins bu ar arb nw He Nye yi i oe Season? # i i Sonne a HE at Saar hoe EE ae tae No) Beez ss po ae ie -unten ant te, Pri nd eho a To CHAPTER 5. TAXPAYERS A ESTATE Of CO-O¥MIERSIAP Tosa we el eon a oe Mr Man Mn 8 Be caer ae MM ead Sees etn Prom picoane Pasoc%0 verbo soon Desosten madetoecsedby hors ajooo fonmb0 sta wea incomes edu a isesae so scone hae mn se seccat Paano00 Fao [cc Gen ow ara noeane enon “nto, ns ioune ena Frome ice crore ogee oom Bian a ‘ 000 Netoeors| exvSo paouooo —r2sduo0 ‘rayon 088 Goss aot fom he provers nto ea Prange ous rd epaneso i opera ec) Dotuion aco 208 naan let No.4 a0 ‘Ditto ot oe ers 1) reo: ‘otierho'! ao Tol 2 Som Darouten of popety me exe Ha No.2 ‘oon (S)Pes00, GPIOSSDD (prance, qgetizaee. coating in = as — = the propertion 1P150.000 ee ee incon Fete Hse. Land? 008 a 3 us mis ache nee GoRsGae jess00." CePienoo0, eo Pras. :—.—. 7 Ongfettncasrey uP Pans vente at unde ator a tate ety {ence Sorter cient om oe se pn sbbston ote te crane papa a hoe ot wr he oom rc ore ang Honey Tee wom Peon Pseq000 os Sot eres eet ie iconace zea eam Anewsaaton. Stree e000 Eis Seen “009 Tatcen rang af no coca lien Wea ena panes Oragone co sco000 210000 Saetotoeees ‘tooo Seo‘thew samme Pum esi Aan 8 tua a income caring pet 2018 tout ct te Pay, my ad 8 met sas oe eng Cae (Th ceo OHO 9S rma pa, eo ( 3be haede Beh naan trace of 250.000, aa ae woe ar costs n 2018 3c wth No evn et Tame br he poset 078 es 7 sho coment GP nde toneved Th wine! ach of Pe bases he n208. Ae Xana Yard sane petung rogers Sm ba india wins poe vave oP 005000 he Sout the Husa of ‘rans eget name he moh, ut reese ot ob {Sine ory was Sepoted sf an ofr ad ee {i,t promt hod et rca F70.00, om when ea mse ‘eto nine sme yo ay sole rope 300009 Wena {chming samen rng? (a) MX and tae vn 208 ose had gs rou (ncoma P2909 {iaetPaaeo fom beproary. a ba gees &f nt Aen, rans Sloe eon * fr ty a ten oe © Ms Yn 2018 ach ad nt ea of P95 ACO tom ttl ore ma iy e231 fal capstan wx of on @ stg oe, Moctedexpsnteatvomaied BAR Examinason union) Se eee Sarurgesrmemams ae sroseiseissaeeneet eeeieneece eens Seneca ‘ee aay stat to's orneanp of he pera gen of ‘ior anon ne ator capa am suet =p oan tsa Go ened a conan ser ch A Cat os ‘otaan own contort saat hues on Ce 8 ‘Seen one and soa hese bawoan on, AC ana B Co. wid ‘Baremurie scan ceoeoes opr Pi Sener wend? (a) Kea and 8m dort conte oat ety ona roe (5) KES Sn cn, nt an ate on hero shores (ad an Ficus Sorel roney (oy NeW Gaon iste tay one ele of a feos ‘Sreedly hy concetanageanert (0 Resin Box eter eu od ns os "hratospondedhtenates EAR Exams ueston) pose ¢‘euestont and Answers Probl a Solaone in Taxation ‘CHAPTER 6. THE TAXPAYER ISA JOINT VENTURE ORATRUST owt vewTune. ‘Ao and 8 Co, cantor Ase vere wae ele into cone nts ew eapesway tensor tn, eet fom {SS.20uD ce ejonntetbe an puro te eee rss nme hov9one Pggooge0 | PS.eca.00 Enos ‘tGeoare "seo000m "sna ‘ary me xp ‘roe ‘soaoo0 peter inet noetioe. enw ican es Tet oDnS Es marae rer aces sore — roma ss - tans tore rire ee as Sosnvbatwaryet come csiso racine Scopes raamagm rain i sae ee Tent Siig ri entre rt ores Poems Santon oan roca Paso Crate memme Psa ee eos 233 = ome eS ne exes, 0 cos terepasine sonpaise Ajpntvortte was eee Oe rea cep sna. anc C2 opaeing Farrah ee “Manta, snd D Co. epwatrg ts tatuperiaon unt no of ‘et etre 29 pares he vere oa oan nese ruse a cme “eae Fees eee : = = ae ae 2 tae aan ee Sr aS oe — i, goes Sire eo ga ae aoa meee ramp mae Stace sm page so somo =. Be Re ceri Fae. Pte See p Moon pee5 ‘Question and Answer, Prolene and Solan inTasslon at ‘Theo etn on of 5 ha ox Hm eam eI saunas capone mena war he Sean ts Be eticopeay cleo ew el are cae eon ened Sorc fen scr a Zante ie bee ak a ‘ose fo noone the pepo " ‘oper premiums one earner ttc x pagar 000 ToEeiepteepast lr 2 hebonccy, oe Soon lnc. ance ‘ie popay Reda nae ot ‘ome ‘ch te owng semen core? (@) S000 rors name of Ze bene Sb Bishee gece ES poe (2 Pao nae meme sti as (@)paogpeo uta meow ote as tt car ram oper pein ayn wreane aaah aanoi0 \nronesteton sa000 Fearon 300) soma Inere dotuson of ho tus ahd soyme for he bana ot he ‘une destin om he goss seme oh a nr 2 paran crated « wat eee orpety nae ne foun ens 2 cand” Fity poset (S08) of he anal eae bles ea ‘erator noe dee beeay ane aos of he tna sere ns tt trees = eset vt ening itt oma ih ecm ne ture bwonly-one (21) years of soe. In a yaar, the propery sean ean roa ios ee eecetrerpses baton Site ere ter cetera Gries Cociicimmicrimesienanc paca ocommen terete “peomro ui tuireane toe dono bane oom Neeson oben 03 f ‘Semone sue Thom fe beni - un coed sa.000‘neon sn nn, Pron an ators Tanbot . ‘CHAPTER 7. GROSS INCOME Me More was dn aver anaentn 2018, He ned aig te oo ag eso P1460 ta De ee SS Eaes Phot we stoma om be ros emery wi Bee Sera iy ese ny ite ih SK Fon Sigepomet nts bu snot ome OM Nes (2) 2a (9 P4000 )PTOONG (a) PSACOD. ‘Gea Etamnatnn aston ‘Ae erate rested were an compen 1e oe tack tt EEE Soe as asin Sede ones sepia min 3h a 4 SSS ee eee See R ees cove ESRatee eee omaee mare rae Ser Roncen cass ne SERS Iernscarincanttt owe te rane teeter tte 2 Reeeaipeerenene= Ernssie get cnt ‘hahdesondearclometed UR Exmnain qesicn) serene Senger a ror en Soeee es racer ae ae Seen ee neers Ee eememnnnratenapane Sane ans. mers ron San oon “ cree "pe swf ote tnd hast bon pl 00900 on account of nimi pee fe doroea hata She wns yor wane he ee th anu nce spas elo ox Pen 122085 ese camo om neo s tos vab aeceed t Site rons, Ione Pf pcan of Me nuance would havo be dace OF Be 02 tae ne. engaion oe bane) wae TE, eecinna noe cosa Ten aces cre Seieomeracweg (cara qusten) noi: “a pooess ofl nance wl be ee nthe arose ea te ele lncs Sy eran econ exctor same, ‘Sane. anrsa 1 ase by hs popcorn 2018 ah pad P0000 2s Stet ete oy Sse wang The Co ‘Sabie rt 298 En BIR se! he P1,000.08 ve ‘eyo scone {a anor Yu fe retrantoy we pid Bed on 2 eakostie Ese hes RD wes Soyo tana he eos eopaaton SePuiae aRoe ws aay te coperstono ee. (2A Examination unaon) pect: “Th re een vogue Beau 086 aye hal he ter comnts ped mula pesn Uo: ROE ha aed is ‘Srtronyer tens anon e's ho soca) fararant | pry ancl por an et mcnng tenn rh ene _ E1 is a Tho newer eae Sl thse Oba WO coo tem ‘etal ine ere eed woe urged bye to) Me 26 cit czar very sued matting open, ta age ey ve Yar an ung save xa fr te Yr ‘Seon Si ea veer P15 on, ‘ery canes etunt ote sesso ie cuprmon he aed 2 ‘ty oP 00000 fe he goons nd tbe corso. ‘Sttrt {Th ett pay can ie ble OMe Leeue Me hag ‘Rimrosecaeclay ain ane Sea omy oto oF wate mene Nema (a) Tre, tue; (Fale as, eT fa (0 Fa, rm "Nctiaderpadetamaned BAR Sarna tion) ness, ie, & pce con nde sae fsck of M Co ye co tinted ‘a one hous pera stk canto ot a te ‘Ban, ome no nae are sack Ts wom aon Yn (0) ttsaable ere wa enti change te open ns Uh shachowers eran secure oar tay ning aan popromt marion co Nee erg oy cas mn an cat (0 Tai ey ow ne fects ed onda (@) Aegon et rate, (9) Aes geno ete pare fe sare fo ‘hotedrpndeaiocmates Eaton Ansetoiaion: anesz vpnton dese 24 5! 3 ack len under cheumtince were soi oy char bs pl cel on ssn choise be ps soc hepa le dod ed mrt > inne pepotonse she ft earns he esse he hi | u Scenes Simcoe or onan ae psicnt = aes ctr ts torn Pet cimereenteranecoa eed ronurvatrucchinernemecans Saree neice eater mars at yan hae copie cs a we ee Snes run xv by he compen ae acute ye capeaton tpn sn tesa’ he Satonet of Pena ISTE et S.leonat tw ney Sirs acoso neat ‘Tincome 2 shes he have tte reecded costo he Weseury SISSIES aes sonora tom te tones of sar tt Spoon00 catamaran Seva amt peers ett arn Pacer of te 1 ea, Te cana fieme poxies a Seeovierieneinemanotan, Eos See ‘ciation, al ‘Assuming hat We A. Paci wl wen ia a Or em ne gal ofan, eva gece ot A. esol iehrasceas," Gy Pzsose a6”) Poe ese) Poa. Pezanig ta crt fae wa rind at Be (108 ton sie Boa ef be cee 0) yo So we fat tn Income eA Pao ee cove) yea (errasanse raiooon Panam (6) 400000. (Com Grainne) Tothemateusten:9 Tote socand goon e secre ome tere fom moh import Peconic ean000 "Snatee ne ‘og m0020 yous 15 yee timate Bo oo a roe mas ehar cae roo an ne 10 015 yer) sconce onl smticome pale alt pie ed he ang em ft te fon Se Smrateben sae owiomatalese year sco. esr aco ‘moon rzoaomn00 ~ genset oti Prot 4 So Tan “ a eS N10 Resco) eee Reece 10 po be Aconex oct ptcal ad Hs load an Me fr ton yore ltd Pao pr ye Te endo wae hate 8 ean abet ane ww coe be een ei ed ‘Spcony arcs atu, Upon compote, he ng Ma BEE tram co atte ens ote nee bung a see isthe ete footw ony. 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(o) The conan of intenane vt rent same 10 i A (o) taco of tun Hosea igeReat ok A. etal ‘nein eso emreswbt roee (e) Tho eael peace ge bot © MA ad nota nome to Ty Sar Be enters pals gs beet eon (a ness poor Our ena ner om "absiedecreceaietmed SAR srarnason ete) Anewosolaon: MP na an nvr sr it angen of P5000 0.0.0.0, ore mel or ropa eon pepe tha rat Yale Fas.000 perme wine bane o P0000 Da enone. ‘Start Thee we itt 00 coot Me (oom m0), erm en, Fa "paatacegundsaoeaie BAM erating Answetolaon ness Aliesoe made be payments eesti 201: F.. ; ect ot nr Pos Soe Toon rence gpl 80 yeas ss900 ‘saeco ne easel Iporemens on any 2, 2019 ha wi blog 1 RE Socata ea ae m2 Fone somet ele How doo sr conics hoa tom arpa ort eee? 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The paren of alsend & icone dttuon adi aot ‘tine fom gone trom (qiTue, ton. 0) abs, (Tus fan, (Fab, (loateatransedreamaes ba Examen evs ‘AnwvetSoiton: tess, Aas a avaig salbanan on slay bats. ne cous oe to i'n car hat he aan Wve was thee Oy face by Saree The {ft bona ano alot ca ee was ates coe eo Slane 1, The an be es bec wes net compen by ‘onpettion nea (ay or (a)Tro, ws) Fle s,m fle (Flt, \hoaceundearcornte BAR Caton aes) Anwweroation: aoe, © Sudament 1 deuton an amount pense ed ees tees od go a a cere ngeia apna fete yer ie SN _)nree, eae enearn ttn oe tome Stine semen Brace cemny mame iB eee esta mnons Saneoeee sre ni Baresi cert en {a)"Ar smacn pou on svorng tr cose 3 fvrase mage of he Seren (@) Arenou pala lien cleae fate cpr pen, ‘Slt {The anc (ete fon gor em ‘Sitomeot 2 The aroun) tot dears on gs ee becuse ota sipenutre ht ne become por othe cote mee (o)Tms we) Fl ie: eT, ae Fle (atteiespateahnenied GR ont an oor of Sines ae 9 Someta st ite 18 years any. 2079 ferent of ane worst pr fe ting Snr P50 anwar he nega Saas Sees Semana eee tenets SATS Eh a Anoworstaon: 8 ~ one psraoiaan re al so 00 ewes aon fm Joan 2, 2048 Eee ante corm) eee ey eaten is shea ieee See eras zs0 Pane iret caren ex tt ts wo avin mou 8 9H a ere PtsoON Damar. aay Seetimoenten eae 7 0 rnin on pi ~ Seis etnen net hoa 2 years Be ore tte aateweone laren tonsa? lim poco ‘awmeotion fo rable ccm fom enpeyecenpoyse resto, P2600, (Gow uonuns om psn, ono 900 & Detston * ‘ae ores) BR tle bece fem reson ‘mi ‘erin a feo ost of pron a he ea ‘ear! eteporsna oss rg) wo etsporg os i) tor Netepeing esr “00 er Netoposing ees He sn000 i (e192) 20000. 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(0 pe a we een a rl mec (0) Because erent anew ono se: Frosass lta se eto’ casa Pogen ba la nas «Sept gaint at | = Coppa ‘Eke pouscisoftu cls” “Siena talogics Tacs ‘200005002200 Paco laa (| boa om rl aioe Posse omens x Coto lspci = Baste ‘ine we =e ze con 005.0000 P2.00000| Pgmoe than 2 sl of el om eject cag x et te pene te prone of he a hereon ted he Bo [ivr orparol romp fom Weep pa” (© Tecan opto crept fa cent + = es noe Po a Slaton eon ™ Sr poms th wea ed a ign! fo Salen wan ese (1 mont fom he te of lo Pe ysiper of nal Revers note he ye wii reece os or dapoaten nc etrten an en fe prc (6) capa gain a wie te se Sc pmnaate onc at buen seth get Su A oy ec Agere a eta cfc Rene ec SERRA alr unon bw orocoae os ‘ined ot ewoaye ono owe Ss nt fa inten pet mo ee ata, Tonmerme nee Sains areareersa Sacre e aatnetme soma 1 ht senpton once every (0) 9083.german re aoreas tse nemo 1808 femora ec3 sera Forme oF neo a mci oo cee male Romer em seas jatony 10.2010 1.580.000 Ee cd a a si ne "eae &s a Bae sing + an foamcey aE Se ens + saps cae vin sat hom itreteersassnt acs 2 eae Serene as 12m‘uceton an none, Peions nd ln Tatton inet ster Feta te Seen ‘July 90, 2018 _ po ——. — ‘Set roe eeltonr ‘Sees ose nt payers: ‘Dow Payment ser 10,2018 ‘sang Bree), = x san sas Snooox san Pato cou! stnooo3 P1309 rae sld won cde seat Sete ice er Papen cn te es, tows “aot ee te age on coe sia 102010, dete iiya.20i6 — ae 90% {etoos zoe sami Pescocce Pee amon 2000099 Puss 2 som 2 ine Pecan ‘a0 toon ere neon ante say 10,2020 me oon reason E~ eee ene nS Src Ser e020 » wage re ae Boe asa one P0000 ee ding 25% oF ve Giegenoaenee amt onmaen eapasie SEE neetty tebe! eo ‘ae Broo of mortgage ovr bl seer ae carreras ae. BO cece nee prey a Pre teeta sono ct even apricot << ‘ea eae : Beate nee ee ometnensttenes act 25% oF me ome = a at cates, sans 10,2018‘eton an neues, rts ons in Teaton Farallon Pranecow yoo ual cotton one, 2018 tice Con ane ‘cone 2 ethane ‘eee me tom ravoue ep Thanto pronase os onesie, asl wa capt each le opty Porshe ck, eee! "uny S208, ae oe aly 10, 2018 = reer ee Salen ee Pere Sea Sash ames etntebe CSeeseee net, cee en - Pare ie > dit Briceeee 29500 ‘stole oe sae 2gcom00 "sone Pico oa ‘s00 1.500000 750900 roo acon 29% et ‘ln ee—™ Sy ‘Gveton a ommend ne Teton - ant owen Peon Slt extn a 0 Pring actions. cpt eswerecapea ioe con ses aut wich we Ee ke mang ‘CHAPTER 10, WASH SALE, MERGER "ANO CONSOLIDATION woven - “e pach ei yan on sin wn What are te circumstance that make a sae awash cole? e617 PO ag zB an esac afl F tarcareea tat e. |RSS SR nee Fl eitbetetincucbiie Seg er areca ans jsntensamtizgntg tv +E eee omit sor say ane = Eas say tee ne besiiocsiamie ‘Seti pace, 12.000 pare Lees Bs 2.800 teens ee. cS Smancs ee y (otsing paid retroacts fo fe date of acquisition of eee 3 prorat MERGER (ALSO CONSOLIDATION) BSR Pens Scot of Aca senders hor ret On. Meera achnge far 8S, fare 8 Cos ah ne SN. Siac echoes be computor shown pe. 2s ot rcogad Loss recognized" abiroo¥ sr, -Windidot 50% oF 10%, dered ent aleg pea ute: On thre on actu os, ih machin soon win OSwe EE use st hoc, rh Rn tn temneatc mevcins in) 20 age : : ao one oe Heater aren ee ee ea | Ee einmomem (ae (ae ae Canteen wig oe pep gees ae |En Ba Seer eteeeinnn | Somers etn cross! TEE Fa tate rxcnnt {ge mal en er Ye en a see ‘Fo rmeaton en oncange of propery ene oreo vo ah oF cee ness, uatntects acopanton aren xo st on cntct estan at he Year, e tpt wh cert "TRANSFER TO A CORPORATION WITH A RESULTING CONTROL sSeane mresmeaeieeconeten tommy Sacto ‘Sehr ving power face 8 ee (eoepae 0) oars.— 20000 wt nt en #700 0 Cape Sought Be Seen ea So ‘eat he tear be name ner cori oe eet, gn he torn ieee at ae (Te ras a teens btn he pr ate sy, (0 esti ssccrbcae herman ower Pm ese (o Reagents Hen oie elias of dat Sasoue (oncom gney AnoweSoaion «| ‘nesr, oe i ht et, Seen et esc sesoe _— © LSS gle ee use nt ower ‘CHAPTEE 11, YEAR-END PROCEDURES nest. tent adtetsonmesemineyear anc00 Sette sess 0900 Se ets een rou ttasaree 00 ieiteiol tes an orPra.00 iene lite A ong tied one, FEE Pear om fenaoong Optoal Sander Doon? pontoon ah = Sa a 0% 200,000 Tecra fine baess (e000 ict cent cre Senor oco.8 + capa gam of P1000) Pama on owisaon! Teblebeane ime ‘aman costo enna ann es Gosspeiam sles sosaco oancoo 000000 ve 400 900 10,000 49900 eee «22000 cm Paseo 13800Sete am ecomomy = 28 28 BS te ce ee ge a ae commen oS I EB, ‘Net capital gain 2000p moc Sy ietcnme lie Sen fms "GR ‘Incorme tax at 30% ‘96.000 © “60,000 2800 aa ‘Laas: tc tax pas — — ‘alee com sy ox a a ‘eee tn eomtinpete cue oe- ‘Gree neo ogo sooo = ono t 900000 Ee Se SS ae SE Sant terectimen dopa austen we te ite ce See eeu = 22 Sf SS ‘a ees wai sae a = ea a 2 ff oe am 8 tack crSaonom: gun BS Se 23 as mesa conor ee Severe -_ = geass BS ome vce snttuin tence Peat PB eet ee esr omen a Setirionin race cam ol ‘ne 21,000 P562,000 Shae aes an ‘Ens hetincome fom be own ounFromwanmePhiepnes Puss09m00 PrzomoQ0 Precoacon FromwncubePrippese "segoosco "samme "tego mh ed neon Me Acad oe fon (ayzes, qPts000, (o}P27OON (PSONEC, ——_(CPAEsaN) ‘Gessiname. wii fe Mons 20182017 and 2018 a Saiecreen Re Soma a ‘Sete Paippne goat nea sat hn 5% of Ne wots sn. ‘tv donate hl b cone tester coy aes iy et cosy ocala ite? -_ ns an rer Probes sd Slaton Taraon * eon ye fa x cadaes Wh Mel ot tne ay wt Digan sms Con, are wn Se in fei esc‘CHAPTER 12, TAX CREDIT FOR FOREIGN INCOME TAX PAID anes. “hate ounce aigniocome crt tama ne freon omy we eae tno al? (Sorin setae ot 210000 ‘acre rere near ‘anos 13am treoneim too See Farmar 2000076009600 P1509000 ean00 ‘ey raion cosy ‘Soe emcees ow) eano00 sete cae xp, Paipyines ‘rere ax pao cu coe ia ldo fe bye eining wdecton te aon esnetmcpac? ae sean, Netonefoe fan ree tx nioprae 3000000 Fen caety 2000600 ‘eal Boones gare al. gn out 0809 wena aden {Shr Sra tx ps Pg Fonign income ax pad may be cameo datuten oa a ans ‘ne Paap neame te ese page 3) anvss, not se the fomlse on ta cet have were be or mre ren ‘Burleson eae ae warp? AnwwerSohtion, ‘Sep 1 Campa Linton Ay cout, ‘Sep? Aa comple Utaon > ‘Sip 3 Compu Urtanntc nt ro Pre he Sets Trson sn cures x Papin acone wid te Pose Camo ‘att on nome vs pad ‘ecco Linton Bal te never tower [Gop Compare Linton A (Stop 2) win Linton 8, SEP 3) ‘Sep 5 Taxed shal be: abl eae, Pion Pag03en0 ‘sols nme: Gout A ‘eo0000 Ee Bese, Go Zoeae Fee ast 0 Prone ‘tary ne tc at 09000 seh 852 2.gon00 eon crite a) Som Fenn: Pyoxooursc00000xP1s00c00 Ps00080‘city sis ns 4 ren comms enti rzponooursemaonexP1smo00 PEED aye ao Sie 3001 ea non A iis Unter aootoarsonoom xP st0.o%0 no Ta eau ooe Fs ‘Nowe Fen Tpit tap union Ace ‘taba soon anesr ee te eee i Sas el ‘Sinn net woe ont Nb eG ae $5) Melia empyema Stn (Te Und Sees coe ie paar canbe eed sw tt a TheUnie Ses noone tax poy con be Sire 0 xc, bt ‘Melo tmton nt moto ue ra ne einspmancrais a to i) zk. qc Pre honTn “ (CHAPTER 13. BUSINESS TAXES AKREPORIES FOR ACCELERATION AND CLUSION RABILAM) ‘BOWFICANT CHANGES ON VAT EXEMPTIONS. ermoraton of pofeclos!isrmers and imlanen, (cle of + metas er eonoyane tg ta eee ‘Sate earls “Foe oe tas Seen wh a eta eee sc cen eine ptosis aor ponuon of te Poros ae at Se et on ne ana for ba oF 66, ior pean etving wits rensonak 2 ROUEN PE eie at pene hor wale co cotears el Strano Sore at acs a ‘eet cr son hows, ele ohoune an et 24 SE aden dan mr nie maison = 3 ee sec et sam enya net ceding sw partes or promance of series, the see scnd te sme oe SALE OF PERSONS EXEMPT FROM THEVAT. van peson wo ie exempt rom VAT banat he ores annua sales cx ts go ot eset, ‘awe wnt Vater See te te pec i ro ry aetreee tn era ft ers a ora fn Te (i Vaue ads: {8 Beetaero Amr ant Pron Ste Tasten 5 (6 ome ae (3 Peers {PA santa een) (CPR Ect utr) Sonor (CPR Eman ein) Leo pay ie sn bet ihe eda ‘9 te og som the tc voce Bevegia esi tx ih re unto o Aner and robin Soh Tsion * oy ees ereacteate ton (G Remo rem nseng of a propa: acid acaits ° road {CPA Examination question) ‘AnorrSoaton none ne X Cooperative auesing te Sueno ial Revue exe Tne popen’ ot esha he Oe pocsoee a oie Sarre cremtzn fa at anes nd te Coopaaive Code oe riveree SSronert 1 The X Cooperative ct eet the wad Semmes he We conor any pocose emote oo Bee acne cast pacers, hoc ae nano ep ‘unum h)F,e:() Teabe:_ Foen, (Tm Oy Suess BAR exact) Anowertlaon 8 ich enoment i wong? Tapaacors const te cure of ae ISR oo cat a commer sn econie actyby & ete or a 09 homntaion ones, rouse cnerencn eflona ares (vases ae= reer ee varauns mainte Pies bgt some te, 285 dame i a a a ee ee ae pret eegrae Wiintstonenstoe ‘pete ane? es eso. Eee Oe cam ine a Le eet ionVAr, Cocetage xe? You ” 7 (CPA Exanvnation question) eee E Sarva nr, roared pon ese Se ea in es Saas Sen ee onsen eons cana oem tenant tog? aoe: {© Sotegbcn vat ns em 1 Texpyamidg is sun ere some oral of te 90 2 SSS Sa ec erpeeni tne Semmes tp orercrans tet asa aan eae ad Se cme oe waited mo nat 8 SSocrha ty & 8 owas en Pir She tres et Gram Quran coe (tong am (8) Pawo iad wwnotegtc er: eesetgenieditomaies SAR Sramnaion Guten) Be eee Sora a ae semen Sainte So uaei meee eaveet aoe amis sania) 2 ie ouresn, ore amen cops na enn wi a some, ee ata ete Sond petar cnt ase Se Sores cera SESE eC we wwe an tm nn al of ‘cima te? So ae a eS sagen, TREE EET. tone, corse ne cara ne ee inal atin ety ‘Soe, VA nt need a ‘Anewertohtion: SEES yor can a nets oon smn ess bs on eg we be> pp 5 inneiairieten tea = Sone. en me pease er aes mani SSE ae een, eto * wtve-oe em aed ot hr eoparate Boies Seema an ‘semaeo ere 00,000 oe: tered A sect a en aes seston Ws wtee a Trerwebeiramveteen alr pe Fates oie ten, Value-added tax payable? fe wn ad cmt a i meneame) PE Seer ee Ta ip oes ee ae Sarees SE rence a2 Pu Sexe (P1000000% 12%) -p120000 2 Fea TESS aoe == oa 2 Seren tnt may te reercheentrgat evar rama a eames “eee = 4 er an Ten cooeewreare a la a AAT eater series had flowing data na moni Paneer me +a AnewerSolution. omtoerasmers ery — -“Seman naps 4000000 128) 0 nian alan) eam “8 Su rtraeoan +f) ‘eon ‘mae (40030095 12%) en 000 Samar sng P2one 0% 2) RROD 722G0D pono vane he tlie va pra sas Sree wt tener es an ay ea ow much se epi om pchaee a anh of ed a2 he ‘shown cae (8 Abeer teen rer 1 PlcnwernOasbr st ests "Pas ‘athe. 3 "zen: (a Feta, 2n0920% 12% (© Ph.amenos tui er44on, Fore Pio ny 36 mona a Paco (© Yo pucnses 1502000 ero POSED a (0 Onna ra POON 2 e800 Pinta rn east ‘Odo 2 Pe oon, rr sane hone on Protons 23h Tataon 0 peo ated 60 mone 4.909 saaernonenber Br enna mts owes coon ‘asian Prone ne am oe tx pea of eindable? Anwweotiton. ope ‘Seaat 00.0508) Po he nb Ppa 2000005 28) 24000 "Krenn tat ces end nae. oo gearan co Prato 200 rorrancos PS 600 4000 stresses Pa Neviteatestcreteesoe ram AE ‘i sd gion arcane ruc 2% VAT boas, 0 VAT NERSRURYET corp buanen obo fostooboee ele Temper seca ijt oe sd axon Janay 1, 208, by ea So de teat eam ates Praca "p1a0.00 torches hom VAT sper ‘i000 "eno tern ‘ms ea00 roi stent rao?snotbiten gts 10000128) etinae Sep my ae im urate rag ee Shteome pas pears ‘Tension! nt ac wen 9 payer wh tiie al ns ‘St camen sca the va he bo sowed oe, Spr 2% of etn vat, vane a ae ‘etch entry wma er ‘Toa ne arto pt tt on aren eon capt ease anrsa ews ie vesit (3 Sete mocashg of snes. masa nd ik nd $5 One octane moe coy etd te (GTR on gee an meyers ornate Panay apes pvt heh am wed 8 gts othe (on wrea Vat bn Inputs he poi anesz, oot tod Pans oS Tein so tat Aw ne erg diac ewe ecronuiaremestensatt mamas 2a te caceatoneoeee See Sas Seam EE oe Sees Seite icomtu ‘Sam ot concurring amouns, there is 8 cred balance (unused) of input Fe ee osc! al tees may foman See eon a ce SSS ine socom Deferred Input Tax na hs new account with @ Delane® Secure eee teat (Sccrmaenaneeni re e, pclae ¢ (TV ee Ta Papa eee 8 aly nw Saonet Se‘boeres et the Stomert of ov Ines Tse ato et (0 Tee a no ube To (ean santa cot Sioneermor stenosis a daewoo: ness en tenet icone?s = = Seton Ane ana Poneto fae Taaon © SSR artge nv emp re VA an on (2) Te oat bead ana VAT bs (© Thay eed ata pan eno aie, Bese aad mn te VAT mt en (6 The Wal rt be sera ane th VAT nf 10R-VAT bss a at maa on oases es cm. 0 Sa = merece Be poser em eee can Sedpaeerowme Ss Spree a ine Eee sat i recom ee ery . ee ae sian ome i m,n coat rman rope ree sont 2 ee qt over Prana Soh Taton ‘ ounces apne? power ent dora i ery erie emai: Oster Novonber owns ts, P eeom — Prosemo Seine a he mnt ‘voaton —“an000) eit carrer "ei roca a (0000 ects, Oncor gow (aitallectprebe eo Pena ate wn tnt des ata be ano Pe Seale var pa, ceobernrenner raoe Frames of acute rs2.00 Pram ese re" smc00 Fart ster (e Trwt ne Oupu Tas © put Tens oscuro ho tran lean sstmant a eet (Sone crime one wend ors, bee recip commen coer Pn, wt se pecatage(9 Wearmen cairn (a) Pertangrg pode and cree: Vaumcstegtnen tien oSbon Pa ©) Fever pec peat 5 parcriags oor 09008 300 Women cate atrsen “amp fe prem be Pepa aaa Fern te Pip wheter ode sos Fee tastes teat 2 ot Peon Peon 1) Tanpereg ten one pan Pips oat tosh ie Prion ahadaes ta 0 of e000) roo ‘exe Paco ‘Sat ost ‘ene ‘Paroan fom VAT spears fot expr Seam Rromcton Ataesern tceeineerwiesnes a eorex Po Pronaie x przote “Foote sam fessor ae Vive aed pe ions et VAT eat ot snaoo oy outa expan bes may bend ere 5% ‘her inal venue ce os Fon he lmeyer axeson tpn cont ingran. poe P1900000 eeomson npn "i dase to canoe any ‘tone Bronte poet, VR lees sp00a00 sea contemporain? One sale? nme, noe cott evan “a ro2na00 Eee soeite rene om cima cu ‘000 Chante 200% essed tat 12% on he nportaon PMaton ‘ups 1 580,000 12712) 120000 {aE rpc tom enporaton 15400 ‘intone ona ee » “Shon ‘he sida tat on mpotaton na be pal por oe amo fs (ostomy “ae YAT pad on he piatn sla a pt gael he vou maton: ning wth town ts oortten tom he Bren of Cuts ‘etmpored goss wor siecnd = 10% cone dents ent ot PEE tr aor oes ane SPH as Se Wriason, aypra7s: Pras ws, {CPA Ezamston unston) AowwcSohion: ‘ese au be mgr 25008) rzs00 12509 pe a0) Shee‘trent Aner an Pron te Tm e (Wn an Ingen ase VAT tae a a (9 nad ct dots nt so oe nt eng () Aaa te canon yeast on fg (Tg Foe, es (To (Fl ie a moun a mase by VA-eamp pan tte sot 9 ‘ted oan AT pon valde taxon ta mpc See eo rome nro Sle Ts ce nest recat repiy I sale eine? anor: tot sss cimencaion it~ pid by he unr the comma a eo Sirs, Tne an weer paty wine onesie mt pcan ee pal yh se of ees? norte: (ore oesseas communication lac in paid by the war of te commuTN restaod te Percentage tax oan eg Ipsirart ol ie [Ute insurance | — seaneentioe —| Soa lena ST FRANCHISE HOLDERS Sos es ‘Radio taevision brosdoset- [—— ing companies whose an- = bona a trad Pigonono~ |— 2% SL vmmetietine — | BEER ao cmeuvomeame” Liaw, * tte —| Ser ——— et === oT = 2 [CARRIERS BY LAND nn = ‘Transporting peopie Lom. Senn |= vascattine — | Te ae =<—<—=—S areca] ss Beware Sra cca Bee (8 frevoontsparisoe Pe =e eons Ss Value-added | “Transporting people wereiiees — teens ea oe Te ; Iron ane ioe =e = points abroad: Ores eta = Value-added tax of 0% - Transporting people Wreite9e; Tena cs ——— = z neg angE WINE REDE wer = [DING YEAR. Marereetheeiod Lm coms my Vesdtet at —| Beate Pee et “t et | ere, * = SRS eee stant i, te, R ‘and rot nang wher iz commonly caloé “anche of Jolibee mampests ant Aner Prob a Soon ato : (CHAPTER 14. EXCISE Tax "AXREFORUS FOR ACCELERATION AND INCLUSION TRAM LAW [SONCANT CHANGES WL EXCISE Taxes, 2 The change of excite ax on nomeesentol goods based on he ‘Malice or valu ef imporaton ine tee 1 {een survco, bad onthe ens cles See senna os ‘Seporomance of eases 2 Nt onl tse: (100, domes g St ee ; Seo oe————— —.« ‘uments an Seto ston a Anowetsotiten. « anes ic sant cree? ‘Sioeet a ae may be i et ae ik ith pce ‘een 2. nari ma bea pcs ares ‘Salen! 3. lo may beast toh ag Wao a msc nee ‘ltt An ain ange a bad on ight Fame cape eter py ont memamment pect (dae de siteanaevreeiar on moon os ‘Str fo onacn on oer et len rcpt om aves ‘hte wa Prensa eet? nese ‘Slot 1. ly mance poi, ei tx forte emoracitu peass ton he nocespsoce Scranton mre pies, bw esate eer pe motes weston topacrtea ee ss and wes, Prins Seton Tarn we ar a a acaled “oe ie (ope lana ee on esha Be Sehr eon, i tones a coeunto tn nour Penal Tin we (CHAPTER 15. DOCUMENTARY STAMP TAX ‘TAX REFORMS FOR ACCELERATION AND INCLUSION (TRAM) ‘Charge wre tho ts sang, (Gosevenrenock rom tte PS50 {9 One cenct stearate rom sto 0, (302 pomer at storoy, hem Peto 0 {aon oni ie comorens an erat tormen ea 1 Fecech aaa hor ohctona ur twrctin soso Piao, rom ISTO Pe. ih etamone wong? ‘Samar 1 zamena tao tig pi ye poe lh amp Sci Reema Same bet ean nats ‘Seis en tnton (1) Sye ar Sone eo mor wane ‘oemle document was assed, accep or wana: ‘Stern 2. The tpayer ot cenumeriny sa ae peon mes ‘Song tein enn og oaron ‘Sener 4 en «pry 2 dmment weg om te cosa ‘SSrotas he erty ato nt const py be me atonent 5. Fale poy th cetyl oe ot mt he ‘toonent aura tra oni ones2 EE eat on ttt caoetwcoe el mnt on & sees nt Sa ft * et ot Sel ie Set cmt ae poncho. in Sate: Document on bark check: ESTES SSISNNE Siecmenay sap cima cons oteSto nd Amen, rete an Sao Teton qj ‘CHAPTER 16. COMMUNITY TAX anes, ‘Sateen The Communi Tax maori ‘Setnert2 The Conny Tas es (2)To toms) Fae. tke: (Tm i; Fa, 7 Conny Tari eundn te cl Govern Code. rss, ich tong stmt wong? (9 Ress te re amet, (Tae smut ef crea bn onmnty iS {9h sate atonal somaya eee {9 Reconmann tea reese {ta commana as ie anvss, Sef te toi at a egtemetca nl er t be Spat ince a {8 peony {eR eyes woe aay ab rat et ity cme oar ot ca a Anemeotton: 8 aa he omy a on. in 19 meaner) ‘sous sy le own . (2) Regu ema on = wage of say bse tet Hyco ‘hve woig dps ure Sy cae yey | om tt am, Pt a te (mare berg wih cose eso P1200 0) oe more MN a ot ewe evans heey oo Someta wa £3 Somer tet ics eat tenes etme alegre wg he ere muy ec (3 Base Piet (5 me fm tao te pan tet pio ance nese, ge ne on a Soe radegbeee = sac So acount moe Sc +38 ‘Sis corre a Lt enopn crt en a han . PdInert on on eat anno oa sc sy eco Ye ‘ow much nso comma tet 20177 oy eae jpere tebe a ras. ‘aie (125 0004 200 189,07 25H) a Seger tn et (30409010003 4204048031) ofwccee teen pony Tpraaseoey ooo tn, 2091) Sod commsntytar Te atonal comma tt nda repo 1) 30 Ronan pean too (@) Gwe ona tom tatens anor (5 Sie etna psn of proteon, or pra ‘sore: nar (e) Garant om ont 6 oar ‘iasda metal cottons mean Wom ness maj eal oman nett ame og eid nae ot atin ‘anes. i ann teen on (a) Romana wean ha ai cane Reet Se ces covey ny, (9 fue cet ool orm a matt (Enon fa ae proce yu wre eared ne {vereant oma ine aan ean ata Po fonenmant co “se, A eos a eet fe Poses, ad he fRovng wa me ASE rer repos cae ae Bare antetncarmans SBS sieges os == ee carcaernneeer me cas 2% Sanaa eS 23 on ma te aston commana afar Aor 20072 error" pson eens. (Pst Aeawattaton 8 Orgasm bones Me A (PeaeaPacaoe Sues asx Pas Ope rmestomsrtoececrsen we er P2090 0005508 or 80

‘Chaptor 19, ESTATE TAX "AX REFORUES FOR ACCELERATION AND INCLUSION (TRA LA op sens eran gt a Seas aes Tr ne a ot i py wo ma oR eas hi ag ae ot mn Ss ase a ‘The decadont wos sri at he deh, Teno etc 409000 (Steers mee ‘gen ‘reson ete Bom Anwesohaton, oes tate: rete oes Peon .00 snags pone es Zomnoee Sear ete Paseo Stns et ete 200000 Stor aciesen = 888889 samo Seer 5800600 0%) ed nese »* an Anoor Polo Stns Tanan om as tn usoore eee aermnmens ez SS ecenest pnts rom dest 300,000 SSeS Se vein mm se ea a Sarr Seamer ze ton excusive — Conuaal Total — Sou rseain eropnt ‘Come ogsins the ena __ (499.000) (40,000) Reroeseovctenean jestate ‘Timam = ig00,000 9,600,000 oe aaa oo s Birt tnnigspouenrsenoan AAS O eats ae elector an.00026%9)CHAPTER 2 STATE AR EO recon onrotnern aa ons ti re "sane moter Be Shes, an SE ‘an fete erent ei (eae: Tax cea: ¢ > em vee a = ; ne een BR on screenees ee a Siomorees an Secreta Sareea ae Siaeamae ee Seer = ears ae eeoeicee ae Serre ae mememmenan Nippines County on " cae at Sh ome = ee ae(CHAPTER 21, NET DISTRIBUTABLE ESTATE ‘nase. Decodont wa sg at tin ds sland ere rab Pages Pacooam ‘oman be ace noe ey ‘zo ‘Meal renee wince ya port Gea aay be ie ooh e000 ina a ee tam oto Pasty ms oats 900 ‘ron att ‘soon caste cncen ott (ee, ey PAas2one; co PeanOKEG: eo Pss0n000 Anawatouton¢ (aireascoo wrPSiz00; (3 PRoncon, wn 4eson0 newton © Rechetetntertnvannathovne "OCA PRIDE meta 10009 somo a teas eta Fer eee (ote (ie scgstone {spncen Scr datacton ‘gom009 ‘ates Pe eros Pecans. Pray ce re Nike ete a Theta nih ae nats aap th ne eit Aneel en a TAXREFORNS FoR ACCELERATION ANOcLUBOM RAMA~ (itoos an me, aban an oon ston ‘CHAPTER 22, DONOR's TAX. "AXREFORNS FOR ACCELERATION ANO MELUSIN TRA Lay TWERATE OF DONOR’ TAX. sx for ooh car yer shal bs ak prcnt (6) ofthe site acoe nd 200) ee EXEMPTIONS OF CERTAN GIFTS. (Arto ee of made by aren: (9) Git mada ofr th so fh tos overnite yen ‘ested ay teenies wc not conde {o'r pola stahato ft sud Goverment ‘ei scl "ware oon, ane Sraiae eonamtnen!rpunon eat opiate: Sei ne any fe eas SST, ans sneer) tH TNSFER FOR LESS MHA AN ADEQUATE AND FUL CONSIDERA. Suet temeeame ae cae -soneideration in money Or noneye worth end wat eek mea = onion and Aner Prob ni Slo Tatton 0 rotate rete el ete ranean mre setencnces Sfrercopton: i sale, exchange, oF eter irnstor of propery le mado Sohechnsaaen coe serene mrnneege ones. — Saar Ser eae ama (deen {cea xnantonssston) nanan: © vs ps snes i, howe seas tal capacy fe ne, 98 a me Sera re dota sre saan. Stan nse ob cara fae ‘estes dave oan he nplconesnen cases Pe mu SemNs Sicha ma wre: ne acne on be apey ot Pera a suai nga Fr snr a donation 9 CoS soaps fe oi teas oma conors oy a ows: Fan » gain Sekoere mano Tom ion rch wee err sin 20107 Senora tnat on ro wars‘uerons pd Ano, Pris Slens neon Sowers cen Pea tot {ese openness enon 1 ‘etree ce neon oes came ‘tema Feoey a as Yeo Dons taxon P0000 ‘se Boveri pemenen oars ot o 2 Oxon nan fi dete ao ness, a: Eaton anno yor Feb 201m can P00 90 ‘ine 1 2048 mugs ens ot PSO en moch woe Sor esse Senta? On P0500 wet (ne doin tne 12,204 Pan 0 Ener aecrt Tone gee yor Dover iron 200 0% Zam Pe seco say no zn espa Pise — x ee ston tn nner Protas Saatn i Traen wo + woyeas te ihe Each ye hs an emp of 25,00, ‘oat towed te or in Ser tx pai Anse. (door wh into tan fe Piles twos donors ness. tention co noon oina Pein 2 falls: $58 Coos me Pnlporee TEE Senos esie e Pins “Thar wae fin eras ax payment on te donation oui ta P- sgnce a0. ores on Pipe dentin er ect he eg oor ae paar soa800 eaeo 2ano00 Save oom ‘ors an Pen 009 tad a Tac coat rin dvs tax ad Seat) Pipe nes 0 S000 Frei done tx ech 8 10000aes SSE | ™~ testo Ans, rane Stns Tato ‘ne mang trees Er: in Ta ir ma sols Saab, he copra gars net sted cape,” csi Gene scene P2000 and sede weg ss? ks oy era Sse ne {2 Semon Te Mersin ct tle cone te eau ‘shay Stat by cy ot aa eden The ecg al 0 he SOUCY ed (2 stearate (6 ston soe vcr sate ee, (@ ret satort i faseunt sesso {COR aman au Aneartoitonb Tor rain bw nant be pb he doe {he ainainn mace Sane ae cane We ese ‘Say ab nya aceuery re gece = On HH anesy, hot town ramp et i 20187 0 Acta tpt ann Pr o» Satis sea tgrpowvmane meoms g Reson ig Reapers reeset favor of. ran (CPA Eamisten un Ancwersotaon: pase etme ore sete services fo MF. and be wast be paid 50,000 os cast AMZ pater pats, Mt Z sasigned hie ight und ths ont i pec the P50,000. Is thee a donation to Mt Loan sed, Mr 0 an inset member ofthe Board of as BM 2 coporabon. MC ate to oat one Facets sem nmrbasom™ ne ta Se car 8 donation to Mr. BP _ a the cet sacountat of 8 hosp on errant 28 Sera sedi chia nemeeicas Boece eigalrame ss ee Eeaeaaem zP tafe tbe actin ese oe feces mimmarseraeee Fo Ane anocerrrca we ge tee ts Segmet Ane ras fansconomenn a , t Pt Spore cows a ro tt Tena pecenfsaiton 2 el me 2a 00a ta mata vale of 1,600.09, SOR ect pier we Pa 00 Sage a wy om roan wa tar met va of P00 00, i 0 pay wad have 2 ahem. SAESSESGetpowtn sapien were es " Sennen pa recton hs cor tox coneqvences cai ‘ment2 he veresionshwelncre ax coseqvnces beaut gens7 — ‘Quer nd Ames, robs end Sone in etn ‘scr fo Mr Die stng re re compered wah cont (Toe te; By Fae fave. i, (Tan toke: F : (Nosteandihrnates BA a, anese, Ibias donsten axing spots eampsin paid fr canpsion ny ‘Str ie erton is hen. Seeger fin conten ghen oo perc cand, dost, ‘Strat 2 re doa 2 tte dona eno be cca pay tte cana, ()The,twe; 0) Fag es: (Tum fae a) Fa, ww (losteispenieaomated Bente es ‘AncworScton = onree, FOr lena of Deca, 201, hey on sya 0 ae tome rest gn doers pa? Me domo na rete orci Ne Phippine i ted donors tons YC ctan ene te Papp, tom TEP goer nr RSSRIGEE Stag" omer. ae samen on he seston cus the Pi Bonar tn se on Pope senna oi ee ‘AnowertSoio, Stee P2020 tameon 000 vasa eaten ctr rogn dover x pa Sense F800 std ca tee tne ee ‘ He erent haem Hastie, 3 ‘abomernForignCamty ee eon Sree ES Sede oe dona aw creat, . RE mom xeasn a = meets meaton A Total eg ones tesa Bnsnsart ions cress Toca aay Linton A P80) ae rae 90% (Chapter 21. TAX REMEDIES, ones. ‘he ten eee ei tah od core dts at (a) Aleit maybe mado oer fy tgner weber ‘Sasntacnoatue cane dent nea on ona Staelnase pay (nso! eva e's arg of pnts, we in cinsratne ‘hoe bo mepayer emer Ses on igang he ope (@, Atl daw ebcied by ogee aye w ean eceh ‘Peprety orb he roonte fes pena nung» Ito he ‘Be uraned sey orbysoucect swan etonan 9am a Rooter natgnen (CPA einen etn) (2 Te yor @ tenyeor, {8 oom at oven (CPA Eaeraten aestony soins ait cemt nar eames ESy aati Tarek meat Ser aie tic terare ers Sey ios ineeeneeen me aaa 5 Siegaene oreo anC—O Oe Darvas ‘ot Tx ped Boge patedcon oa the paon frroiw cM ceo? te rev Na, ees he gpl frame, xe Dig 9 cin Jot ort um tr nt Tha Ca Tae hope fats ain oe hal noe eon oe ed Aiea act ns cm enh pomp prot Win wha cam arf se eraneey cles my be ed Bet Bios cnt 207 ae a oti Gor et SSeaubeta Counter one ee (2 tse won. cor annem © Botarewen seco ne {@ Bomanonon eng (Conezaninaon ssn) Deco he Pipe Supeme Cat epee he aneuer anes. Setters hn 19,208 Sate ot cnc donators one aa St aoy i gp oe Coit ae Aen on: (gy anes Set. (8 Sane 620% (2 ioe 200 (May. 2018 (earn be ergal poten were moved wa 7 CPA Emit union onses. ‘ic oft ewig ven oat set io congrmio este? [DFbiee otaepprenne teas clomoons see ate _— esons Aner rola Sv Tatton ‘ 9 Fa wae tse ee name mane (cy Foie books of ascounts sed na hae rani stones ‘holed ors tse oat doers CPA (a Rong otk aca . ‘Aimin vebong maybe corona rep, (3) toe ateay ey out oF {3 tose invovigae ecg wo sl Doak of cain rer oe aud anrse. me th ong names ot? © Cee tenant fenison ey yo ce) Remaen bras cucon cts bar terete orga i (2 ASP'Sten neces te» ein promson fo fm st wa vee paymetin ia ceecinne wae fw ax owe now 2 mode fcolecten © Simcaeat eres ate oes or che, icon Examination uasten) Aneweohtin: © Fer ing tse and aut tan ech npc. eh fe tong coe (3 Ss ac crane pers 8) Gkasconant pena expuesoe. (6 2om mcr pont (Cem xamnaton ueson)~ ht cowie a win of ou cor iadeton of Be Cato a, 1) Ghee what orotate ax ass 8 messes een en (groom unptes a sresonrt (@) Mion eran es pesca sewieat (CPA eamiaton get) nese, Te ling a ante reds sae eye om ‘ton wn estocsonct re ae £2 Fieger cu ) rg ete recor ves: {eigen cmpint part et case empoyos {rang no seomprome ae ‘Anoweotton:e (CPA Examen ate ‘fomvecul ofthe suo! an dorama arte tee en mY 3 ‘Semen 2. Te pare may sion he sosmere eco p= tet a ae tom ting hepa ‘Saunt 3. The txayr may spa oh Cou Tex pel win ‘Rey ip hom en ct Wr seen 899 Bc ‘Sateen 4. Te tepare my spe e Spam Coun wenn een apr ea te con Ss Cee Teese ach stamens? “Te cecson appeal mustbe aa dation of he uray fs evens. an ech an shu al fr ein, axes Fer tac oroneny aaa Sl by 2 pape (Sine tose muy espn est wih Se Bayo tra [Rene aur rots tm he te a pament Matra Cnt agi escent ‘evitgayrmay spel dein te Cart Tx gps (Gina Coot ui aon say fom recpe tte bea ote outta peat? ‘in etme conet? Wren crn wa ey emer (TR Raw a Roser ype mao eect ‘Se owes oy he sma pocoaigs faba ey Hie Boone oma Ree my eel rane, by el poems” — (Chapter 22. THE BUREAU OF INTERNAL REVENUE ness. Samet 1 The por tt Commie trl Ren sn. ene re sd pans Be Say ay ‘Slant 2 Tho owe fh Conroe of tal Revs oe ‘unge eet meressen rt vv tte or MOON Sy a ay ‘tne Beas faa evens tay nto sence (a)True (Fao, or, ee Fas, oo, ‘Anowetotin 3 In gon wha ae cova Saran | and Ste 2, 0 Con {2 peo compton wala ay tc RY, ecg on mgr octon onic ors nine cnn cin and (0) poor su ems a ove oera ea ‘nat whee re sao cea tesa oad Tare Sitman! tA ee ingsed sa isn by te ny fel (enya, fore) Fes, anes, ‘Storr te pl tg of ne damn sm ‘Stomin rns nuances Saw Xam (Bion me; Fle ee, (9 Te, he: (6) Fab. Answetotton: Seman 1.The Connon can hide be Phippees ie crc s+—_— sore nt Anon Protene Seaton enon vrei ema uN hai rg intr nore Revue bent Ofee CEN!" Cimener a Cute an rts a et 2 Cage ese tno hth pe reuse ta ande sn poe! nse See eae ase Te tet Foon tom nvetotaion [EC re rand ole he Pigs fovemore he peor ‘SiScircoa te operon paren an ster © bat Beco eS nen a tx peo trina ony np a ems FBTR tum, Fae es: (oT, fe: 6 Fast, Sara seo a no ene a a Jimedcton othe Commasionr of toma! Revene, subject 1 mew by be'sevty otras Slr? ee! med und men at nt Sst venta aman nion ote Catal ar ope PRLS ayracrawe toto ose Paes tne Suter 1 The Conant an! er ay ay a Pepe an at a ne pesnedgs re ceca eo ‘Soran’ The GometsneofremalReonus ay ace 2d aie. ‘Nttacsosie ve pps te Yom res et wh Se no sopra, Brauner Revie Uahtte wer Fase ose Te ee) Fae, nese, So nee siemens in inl th Bark epi of 3 payer who as ld an appa Cg Si oene naman Siig siaiinons meetin eects Sharka ohne Wier eam Wop cme onan nh gan of nc gy DeSean a escent