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plz help me write these answer. Select the correct answer choice (one or more than one), and explain your logic. You may use graph or
plz help me write these answer. Select the correct answer choice (one or more than one), and explain your logic. You may
Question-3 A citizen of Bangladesh has earned basic salary 500,000 BDT in FY21. He has received the allowances from the items below: 1. House rent = 60,000 BDT 2. Medical = 20,000 BDT Bangladesh government has announced the exemptions, such as: The maximum limit of exemptions from house rent and medical allowance are 45,000 and 15000 BDT respectively. Any allowance is more than maximum limit will be applied for taxable income. The tax structure follows as: Income Range PIT rate (%) 0-250,000 0 Up to 350,000 10 Up to 450,000 12 Up to 600,000 15 All the possible options are listed (A to E] A. Taxable income will be more than equal to 510,000 B. Taxable income will be equal to 520,000 C. Higher exemptions increases the personal tax incidence D. Average tax rate(ATR) will be lower than Marginal Tax rate(MTR) E. Tax incidence must be greater than 32,000. Select the correct Answer Choice (one or more than one), and explain your logic. You may use graph or math if the answer will require. [5] use graph or math if the answer will require.
choose thoese answer are write or wrong and explain both. plz help me
Question-1
Consider that the marginal benefit of tax evasion follows = 0.25, where x denotes for every $1000 tax evasion. The probability of getting caught evading taxes is 10% plus an additional 4.0% for every $1,000 in tax evasion. Individual is a risk averse taxpayer, if he/she will be caught evading taxes must pay the taxes, in addition to pay a $12, 00 penalty.
Options [A to E) are given below box that may be possible answer choices.
A. Optimal tax evasion will be around $ 4760
B. Optimal evasion will be determine when MB curve does not intersect with MC curve
C. Under this condition tax evasion will be minimum when government will be enable to increase the probability of getting caught.
D. Taxpayer wants to evade tax with the given level of penalty
E. Taxpayer wants avoiding tax evasion
Question-2
Mr. X is a regular taxpayer, and this taxable income is 250,000 BDT during 2020-21. He has invested 50,000 BDT in the bond market and 20,000 BDT in Stock market respectively. Government has announced the allowable investment, which is 25% of total taxable income, and the rebate rate is 12%.(All the possible options are listed A to E)
A. The maximum allowable investment is 80,000 BDT
B. The maximum allowable investment is 62,500 BDT
C. The rebate amount is not greater than 7500 BDT
D. Taxpayers tax incidence is zero
E. When the rebate rate increases, the tax base reduces
question 3.
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