CIMA Related Exams
F1 Exam
Identify which of the following are powers that a government would typically grant it's tax authority by placing the appropriate response beside each power.

Country A permits the following deductions in an entity's annual corporate income tax return in relation to entertaining expenses and gifts;
1 Employee entertaining up to a value of $150 a head
2 Entertaining of overseas customers.
3 Individual gifts not to exceed $10 in value
Which THREE of the following actions would be regarded as tax evasion?