question archive a) Ray Desmond Inc discovered the annual income of the company for the digital services provided to Malaysian customers has achieved the threshold amount on 10 October 2019
a) Ray Desmond Inc discovered the annual income of the company for the digital services provided to Malaysian customers has achieved the threshold amount on 10 October 2019
Subject:LawPrice: Bought3
a) Ray Desmond Inc discovered the annual income of the company for the digital services provided to Malaysian customers has achieved the threshold amount on 10 October 2019. Based on the calculation made, the amount of the service tax to be declared to Royal Malaysian Custom Department (RMCD) is RM30,000. For this situation, you are required to complete the table below: [2 marks]
Effective registration date :
Taxable period :
Submission Due Date :
b) Wolfe Henry Inc apply for registration on 31 March 2020. The amounts needed to be declared to RMCD for digital services provided to Malaysian consumers is RM45,000. For this situation, you are required to complete the table below: [2 marks]
Effective registration date :
Taxable period :
Submission Due Date :
c)
(i) Based on (a), calculate the amount to be paid by Ray Desmond Inc to RMCD if it only made full payment on 27 August 2020.
(ii) Based on (b), calculate the amount to be paid to RMCD if Wolfe Henry Inc pay half of the taxable amount on 1 September 2020 and the remaining on 25 October 2020.
