Post Test
Quiz by Yasser Blo
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Measure skillsfrom any curriculum
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- Q1
What is RA 11534
The Corporate Recovery and Tax Incentives for Enterprises Act
The Corporate Residual and Tax Incentives for Enterprises Act
The Commercial Recovery and Tax Incentives for Enterprises Act
none of the above
120s - Q2
When is the effectivity of CREATE Act?
April 11, 2021
April 9, 2021
March 25, 2021
March 27, 2021
120s - Q3
True or False: Effective July 1, 2020, corporate income tax rate is reduced from 30% to 20% for domestic corporations with net taxable income not exceeding P5million and with total assets not exceedingP100million excluding land.
False
True
120s - Q4
What is the new RCIT of Proprietary Educational Institutions and Hospitals?
25%
1%
20%
10%
120s - Q5
What is the other percentage tax rate on June 30, 2020?
1%
5%
3%
6%
120s