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    Class 9

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    lidibarv
    The document provides financial information for a company's taxable and non-taxable revenue and expenses. It determines that the share of the company's activities that are non-taxable is 31.68%, which is above the 5% threshold. Therefore, the separate accounting method must be used to calculate the recoverable and non-recoverable VAT amounts on purchases related to taxable and non-taxable activities.

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    Class 9

    Uploaded by

    lidibarv
    9 views2 pages
    The document provides financial information for a company's taxable and non-taxable revenue and expenses. It determines that the share of the company's activities that are non-taxable is 31.68%, which is above the 5% threshold. Therefore, the separate accounting method must be used to calculate the recoverable and non-recoverable VAT amounts on purchases related to taxable and non-taxable activities.

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    Class9

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    The document provides financial information for a company's taxable and non-taxable revenue and expenses. It determines that the share of the company's activities that are non-taxable is 31.68%, which is above the 5% threshold. Therefore, the separate accounting method must be used to calculate the recoverable and non-recoverable VAT amounts on purchases related to taxable and non-taxable activities.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    9 views2 pages

    Class 9

    Uploaded by

    lidibarv
    The document provides financial information for a company's taxable and non-taxable revenue and expenses. It determines that the share of the company's activities that are non-taxable is 31.68%, which is above the 5% threshold. Therefore, the separate accounting method must be used to calculate the recoverable and non-recoverable VAT amounts on purchases related to taxable and non-taxable activities.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    RR

    Taxable revenue (domestic market) 285600000


    Non-taxable (exempt) revenue 42000000
    Direct expenses related to taxable activities 105000000
    Direct expenses related to non-taxable activities 54000000
    Administrative indirect costs 66000000

    5% test
    Costs directly related to exempt sales 54000000
    Share of admin related to exempt sales 15%
    Admin costs related to exempt sales 8250000
    Total 62250000
    Total for Q1 196500000
    Share of exempt activities 31.68% >5%

    Separate accounting
    Recoverable input VAT:
    direct 17500000
    adm 9350000
    Total 26850000

    Non-recoverable VAT on purchases:


    direct 9000000
    adm 1650000
    Total 10650000

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