1.What is the most common reason for income tax credit?

Permanent difference between tax prices and book prices.

Taxable transferable loss.

Reduction of tax rate.

Property tax value lower than book value.

2.Steypan hf. keypti njan tkjabna rinu 2019. Kaupver bnaarins var 20.000.000 kr. og var bnaarinn afskrifaur 2.000.000 kr. rinu rsreikningi en skattaleg afskrift nam 5.000.000 kr. Skatthlutfall er 20%. Hver er tekjuskattsskuldbinding vegna tkjabnaarins rslok 2019?

2.000.000 kr.

3.000.000 kr.

600.000 kr.

Engin.

3.In December 2019, you buy fixed assets for ISK 5,000,000, input tax for this purchase ISK 1,200,000 is outstanding at the end of 2019. Where does this move

It does not move into the cash flow.

Among investment movements.

Among operating activities.

Among financing movements.

4.Permanent tax differences arise due to:

Expenses and income that are taxable.

Costs that are deductible.

Income that is taxable.

Non-deductible expenses or non-taxable income

5.Which of the following items does not apply to the entry of income tax credit due to a transferable tax loss?

Taxpayers' estimates assume that taxable profits will be generated that can be used to offset tax losses.

It is likely that the taxpayer will make a taxable profit before the unused tax loss ceases.

The loss is due to identifiable causes that are unlikely to recur.

It is uncertain whether the taxpayer has at his disposal a sufficient temporary difference that results in taxable amounts.

6.Do the following items constitute a permanent or temporary difference in the calculation of income tax? Connect the appropriate items.

Dividends received

Temporary difference or Permanent difference

Sect

Temporary difference or Permanent difference

Transferable tax loss

Temporary difference or Permanent difference

Write-down of inventory

Temporary difference or Permanent difference

7.Do the following items constitute a permanent or temporary difference in the calculation of income tax? Link relevant teams:

Profit from the sale of shares

Temporary difference or Permanent difference

Dividends received

Temporary difference or Permanent difference

Taxable transferable loss

Temporary difference or Permanent difference

Tax write-down of inventory

Temporary difference or Permanent difference