Question
Subject : International Taxation MULTIPLE CHOICE : Give a reason for each answer chosen to get a point. PT GS signed a contract with Singtel
Subject : International Taxation
MULTIPLE CHOICE : Give a reason for each answer chosen to get a point.
PT GS signed a contract with Singtel Pte, Ltd., Singapore to distribute 100.000 copies of specific design software. Singtel Pte Ltd Singapore made the copy and delivers the software itself. Singtel Pte. Ltd Singapore charged USD 50.000 for the software. What is the tax implication on the payment of the transaction? a. The payment considered as royalty and the tax charged is USD 7.500 b. The payment considered as royalty and the tax charged is USD 5.000 c. The payment considered as royalty and the tax charged is USD 2.500 d. The payment may not be considered as royalty
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
17th edition
007802577X, 978-0078025778
