(b) For the purposes of enterprise income tax (EIT) define the term ‘non-resident enterprise’ and explain the scope of such an enterprises EIT assessment. (4 marks) (c) An overseas underground train building company, Company H is a non-resident enterprise for enterprise income tax (EIT) ...
(ii) Calculate the correct amount of enterprise income tax (EIT) payable by Company P for the year 2010. (6 marks) (b) Briefly explain the term ‘arm’s length principle’ in the context of transactions between associated enterprises pursuant to the enterprise income tax law, together with ...
(b) Calculate the enterprise income tax (EIT) payable by Company C for each of the years 2010 and 2011, clearly identifying the foreign tax credit used in each year and the unused tax credit carried forward, if any. (5 marks) (c) Briefly explain the EIT provisional and annual filing re...