T_A_X Q1

Company J does not have to pay CIT for the first 2 operating years. Which type of incentive is relevant for this case? 

• Tax holiday

• Preferential rate

• Tax deduction

• Exemption

• Tax credit

  
  

Which governmental organization in charge of administration for the domestic taxes? 

• Tax offices

• Tax department

• General department of taxation

• General Department of Vietnam customs

Which legal document provides specific and detailed guidelines for determination of tax obligation?

• Decree

• Official letter

• Circular

• Law

Taxes can be classified according to

• Sources of tax

• Taxation power

• Social impact

• Tax collection

What is 2018 tax revenue as % of GDP of OECD countries on average?

• 24.3%

• 44.9%

• 16.1%

• 34.3%

Which kind of tax is applicable in Vietnam?

• Federal tax only

• Both federal and local tax

• Local tax only

"Changes in tax policies are not frequent and must be properly announced to public in advance" is about which of the following standards?

• Efficiency

• Transparency

• Stability

• Horizontal equity and Adaptability

• Vertical Equity

People hate tax because

• they may not confidence about whether tax is used properly by the government or not

• they receive no benefits immediately in return for the payment of tax

• tax reduces their disposal income

• all of the above

Select the appropriate type of tax rate for "VND400,000/unit".

• Regressive rate

• Partially progressive rate

• Proportional rate

• Fully progressive rate

What is the most important role of tax?

• A tool to regulate macroeconomic conditions

• A source of finance for public goods and services

• A means to improve society's fairness