Tax on Non-Commercial Professions Profits Quiz
10 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What type of professionals are subject to the tax on non-commercial professions profits?

  • Exclusively those practicing independently (correct)
  • Any professional regardless of supervision
  • Only those working in real estate
  • Only those working under supervision of others

    • Under what condition are revenues of non-commercial and free professions subject to the tax?

  • The revenue should be achieved as a result of teamwork
  • The revenue should be realized outside the center of the profession activity
  • The revenue should be realized at the center of the profession activity (correct)
  • The professional should work under the supervision of others

    • What type of revenues are subject to tax as non-commercial profits?

  • Revenues from real estate
  • Revenues from commercial professions
  • Revenues from any source not mentioned in the 4 specified sources (correct)
  • Revenues from intellectual property rights

    • Who can sell or exploit intellectual property rights to generate revenues subject to tax?

    <p>Individuals holding intellectual property rights</p> Signup and view all the answers

    Which type of professionals are exempt from the tax on non-commercial professions profits?

    <p>Public accountants and lawyers</p> Signup and view all the answers

    True or false: Tax on non-commercial professions profits is imposed on individuals working under the supervision of others?

    <p>False</p> Signup and view all the answers

    True or false: Revenues of non-commercial & free professions must be realized in the center of the professional's activity to be subject to tax?

    <p>True</p> Signup and view all the answers

    True or false: Intellectual property holders' revenues are always exempt from tax?

    <p>False</p> Signup and view all the answers

    True or false: Any profession or activity subject to tax as non-commercial profits falls under the 4 mentioned sources in art. No.6?

    <p>False</p> Signup and view all the answers

    True or false: Non-commercial professions profits tax applies to all types of professionals, including those in commercial and real estate sectors?

    <p>False</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser