FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A natural person, resident in Albania, for 2020 has realized a net profit as follows: from the activity in Albania 2,000,000 $; from the activity

A natural person, resident in Albania, for 2020 has realized a net profit as follows: from the activity in Albania 2,000,000 $; from the activity in Italy 1'200,000 $. What is the obligation to be paid when in Italy the rate of profit tax is 36% and in Albania it is taxed at a marginal rate of 20%?

Please put it as a text

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A User Perspective

Financial Accounting A User Perspective

Authors: Robert E. Hoskin, Maureen R. Fizzell, Donald C. Cherry

4th Canadian Edition

0470834455, 978-0470834459

More Books

Students also viewed these Accounting questions

Question

★★★★★
Suliman Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year of operations, the company had the following events and...

Answered: 1 week ago

Question

★★★★★
Motivating desired performance DMT Biotech is a biotechnology research and development company that designs products for the needs of life science researchers. The company consists of an...

Answered: 1 week ago

Question

★★★★★
3. Organize and teach groups so that low-achieving students get appropriate extra instructionnot just the same material again. Make lower-achieving groups smaller so students get extra attention.

Answered: 1 week ago

Question

★★★★★
Access the September 24, 2011, 10-K report for Apple, Inc. (Ticker AAPL), filed on October 26, 2011, from the EDGAR filings at www.sec.gov. Required 1. What products are manufactured by Apple? 2....

Answered: 1 week ago

Question

★★★★★
Prepare the financial statements for the year for Fantasy Company--a multi-step income statement, a statement of retained earnings and a classified balance sheet.

Answered: 1 week ago

Question

★★★★★
There is a database that contains a website's traffic data over a period of 30 days. The first table contains users' information including the user type (user, crawler, admin). The second table...

Answered: 1 week ago

Question

★★★★★
Part A: Assume that the height of your cylinder is 6 inches. Consider A as a function of r, so we can write that as A(r)=2r2+12r. What is the domain of A(r)? In other words, for which values of r is...

Answered: 1 week ago

Question

★★★★★
Jerry Schneider One of the more famous cases of computer abuse involves a young man named Jerry Schneider. Schneider had a flair for electronics. By the time he left high school, he had already...

Answered: 1 week ago

Question

★★★★★
In some damping systems, a circular disk immersed in oil is used as a damper, as shown in Fig. P2-125. Show that the damping torque is proportional to angular speed in accordance with the relation...

Answered: 1 week ago

Question

★★★★★
Which circuit in Figure P32.25 produces the greatest current in the emitter? Data from Figure P32.25 A B n-type p-type n-type n-type p-type n-type C n-type p-type n-type HHHHH

Answered: 1 week ago

Question

★★★★★
Verify Eq. (23.73a), and show numerically that the maximum Mach number for a laminar shock front is M = 1.58. Eq. (23.73a) nok B Te ="ogT [[1-{1 - 6/12] M> {}{24 - 1} () = (23.73a)

Answered: 1 week ago

Question

★★★★★
Solve the two equations given by (3.4) to obtain the values of the parameters given by Equations (3.5) and (3.6), respectively. Equation 3.4 Equation 3.5 equation 3.6 MI M m a x +6 * | x = 2 xy = 2 ...

Answered: 1 week ago

Question

★★★★★
Explain the purposes of managing performance.

Answered: 1 week ago

Question

★★★★★
List 4 methods to evaluate training.

Answered: 1 week ago

Question

★★★★★
Explain how a career development program integrates individual and organizational needs.

Answered: 1 week ago

Previous Question Next Question