Description
I need an expert in Zakat and Tax Accounting in accordance with Saudi law
Follow instructions
Avoid plagiarism
Provide APA style of referencing and use in-text citation
Instructions – PLEASE READ THEM CAREFULLY
•
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
•
Assignments submitted through email will not be accepted.
•
Students are advised to make their work clear and well presented, marks may be reduced for
poor presentation. This includes filling your information on the cover page.
•
Students must mention question number clearly in their answer.
•
Late submission will NOT be accepted.
•
Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
•
All answers must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism.
•
Submissions without this cover page will NOT be accepted.
Assignment Question(s):
(Marks 15)
Q1. Tax accounting differs from financial accounting in calculating depreciation
expenses for depreciable assets, as the article no. 17 of the income tax law in Saudi
Arabia set rules regarding the calculation of the depreciation expenses for the
depreciable assets.
Required:
a. Summarize the article 17.
b. Give a numerical example to explain how depreciation expense is
calculated
Answer (5 Marks)
Restricted – مقيد
2. Give a numerical example on the Tax Base, Article 6 of the law
Answer: (5 Marks)
Restricted – مقيد
3. Give a numerical example on Losses Carried Forward, Article 21 of the Law,
and Article 11 of the Executive Regulations
Answer: (5 Marks)
Restricted – مقيد
Purchase answer to see full
attachment
•
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
•
Assignments submitted through email will not be accepted.
•
Students are advised to make their work clear and well presented, marks may be reduced for
poor presentation. This includes filling your information on the cover page.
•
Students must mention question number clearly in their answer.
•
Late submission will NOT be accepted.
•
Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
•
All answers must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism.
•
Submissions without this cover page will NOT be accepted.
Assignment Question(s):
(Marks 15)
Q1. Tax accounting differs from financial accounting in calculating depreciation
expenses for depreciable assets, as the article no. 17 of the income tax law in Saudi
Arabia set rules regarding the calculation of the depreciation expenses for the
depreciable assets.
Required:
a. Summarize the article 17.
b. Give a numerical example to explain how depreciation expense is
calculated
Answer (5 Marks)
Restricted – مقيد
2. Give a numerical example on the Tax Base, Article 6 of the law
Answer: (5 Marks)
Restricted – مقيد
3. Give a numerical example on Losses Carried Forward, Article 21 of the Law,
and Article 11 of the Executive Regulations
Answer: (5 Marks)
Restricted – مقيد
Purchase answer to see full
attachment