《汶川地震灾后恢复重建条例》规定，施工单位应当按照（）进行施工，并对施工质量负责。

(b) Explain the corporation tax and value added tax (VAT) implications of the following aspects of the proposed

restructuring of the Rapier Ltd group.

(i) The immediate tax implications of the restructuring. (6 marks)

(ii) The UK value added tax (VAT) implications for Razor Ltd of selling tools to and purchasing tools from

Cutlass Inc; (2 marks)

(b) Write a letter to Joanne setting out the value added tax (VAT) registration requirements and advising on

whether or not she should or could register for VAT and if registered if she could recover the VAT suffered on

the consultancy fees and computer purchased in October 2005. (7 marks)

(b) Advise Maureen on deregistration for the purposes of value added tax (VAT) and any possible alternative

strategy. (8 marks)

An additional mark will be awarded for the effectiveness with which the information is communicated.

(1 mark)

Alpha Trading Ltd (Alpha) is a value added tax (VAT) general taxpayer. On 1 January 2014, Alpha lent RMB200,000 to Beta Ltd at an interest rate of 10% per annum.

What is the type and amount of turnover tax which Alpha Trading Ltd will pay on the interest income received for the year 2014？

A.Business tax of RMB1,053

B.Business tax of RMB1,000

C.Value added tax of RMB3,400

D.Value added tax of RMB1,200

(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)

rchased light bulbs for RMB100,000 (excluding value added tax (VAT)) and a VAT special invoice was obtained. Carti Ltd exported the light bulbs to Europe for RMB150,000. The export VAT refund rate for light bulbs is 16%.

What is the amount of the value added tax (VAT) refund which Carti Ltd can receive？

A.RMB16,000

B.RMB24,000

C.RMB8,000

D.RMB500

Which of the following is NOT TRUE of VAT？

A．VAT is the acronym of Value Added Tax.

B．VAT is a tax charged on most goods in Britain.

C．VAT is not charged on different services in Britain.

D．A foreigner can get VAT back when he leaves Britain under the Retail Export Scheme.

Which of the following is NOT TRUE of VAT？

A．VAT is the acronym of Value Added Tax.

B．VAT is a tax charged on most goods in Britain.

C．VAT is not charged on different services in Britain.

D．A foreigner can get VAT back when he leaves Britain under the Retail Export Scheme.

shampoo with a free bottle of hair-conditioner. This is termed as a ‘buy-one-get-one-free’ offer. The retail price (i.e. inclusive of value added tax (VAT)) of the items is as below:

In January 2015, the supermarket sold 2,000 of the offer packs.

What is the amount of value added tax (VAT) charged on the sale of the 2,000 offer packs？

A.RMB14,530

B.RMB17,000

C.RMB20,342

D.RMB23,800