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1: Which of the following is not an advisable way of preventing tax disputes

Correct! Wrong!

2: Which is the following is not a tax assessment under the Tax procedures act

Correct! Wrong!

Ref: Tax procedures Act 2015 Sec 29, 30 & 31

3: Identify the immediate course of action for a tax payer who is dissatisfied with the commissioner’s assessment

Correct! Wrong!

Ref: Tax procedures Act 2015 Sec 51(1)

4: What is the maximum duration allowed by the commissioner for a tax payer to lodge an objection after being served with a notice of assessment?

Correct! Wrong!

Ref: Tax procedures Act 2015 Sec 51(2)

5: What is the maximum duration allowed for an Alternative dispute Resolution (ADR) decision to be made?

Correct! Wrong!

Ref: Tax procedures Act 2015 Sec 55(1)

6: Which of the following is not true about the Alternative dispute Resolution (ADR) Mechanism

Correct! Wrong!

https://www.kra.go.ke/images/publications/ADR-FRAMEWORK.pdf

7: The following are benefits of the Alternative dispute Resolution (ADR) Mechanism except

Correct! Wrong!

https://www.kra.go.ke/images/publications/ADR-FRAMEWORK.pdf

8: Is tax avoidance punishable under the law?

Correct! Wrong!

Ref: http://127.0.0.1/taxdony/tax-administrative-penalties/

9: State the penalty for failing to register or de-register as tax payer when required to do so by the law

Correct! Wrong!

Ref: http://127.0.0.1/taxdony/tax-administrative-penalties/

10: Mr tax payer has made a VAT refund claim of Shs 100,000. Thorough scrutiny of his claim revealed that he was not entitled to any refund. State the penalty that will be imposed on him

Correct! Wrong!

Ref: http://127.0.0.1/taxdony/tax-administrative-penalties/

11: Mr Taxpayer files his tax return of Sh. 100,000 on 5th July 2021, five days after the due date. His tax penalty shall be

Correct! Wrong!

Ref: http://127.0.0.1/taxdony/tax-administrative-penalties/

12: Kasuku Ltd Filed July’s PAYE return of Sh. 1000,000 on 12th August 2021. The late PAYE filing penalty shall be

Correct! Wrong!

Ref: http://127.0.0.1/taxdony/tax-administrative-penalties/

13: Amadi Ltd Filed July’s PAYE return of Sh. 20,000 on 12th August 2021. The late PAYE filing penalty shall be

Correct! Wrong!

Ref: http://127.0.0.1/taxdony/tax-administrative-penalties/

14: Taylor Ltd deducts withholding tax on professional services offered by Karan consultants in the month of July 2021. The due date for remitting the amount deducted is on

Correct! Wrong!

Ref: Income Tax Act CAP 470 Sec 35(5)

15: Taylor Ltd deducts Sh. 100,000 withholding tax on professional services offered by Karan consultants in the month of July 2021. The withholding tax is remitted on 17th August 2021. The late payment penalty shall be

Correct! Wrong!

Ref: Income Tax Act CAP 470 Sec 35(5)

16: The following statements are true about tax objections, except

Correct! Wrong!

Ref: Tax procedures Act 2015 Sec 51(2,3)

17: Safare ltd accounting and tax year ends on 31 March. When is their due date for filing annual returns

Correct! Wrong!

Ref: Income tax Act CAP 470, Sec 52(A), 1

18: Kadenge is a teacher with multiple sources of income including farming, rental stalls in town as well as professional fees. When is the due date for paying his taxes for the year 2021?

Correct! Wrong!

Ref: Income tax Act CAP 470, Sec 92(A), 1

19: Which of the following professionals is not qualified to act as a tax agent?

Correct! Wrong!

Ref: Tax Procedures Act 2015, Sec 20

20: The commissioner is required to refund overpaid taxes within two years from the date of application. Any further delay

Correct! Wrong!

Ref: Tax Procedures Act 2015, Sec 47(5)

21: The following is true about interest on late payment of tax except

Correct! Wrong!

Ref: Tax Procedures Act 2015, Sec 38

22: The commissioner may use these means to collect unpaid taxes except

Correct! Wrong!

Ref: Tax Procedures Act 2015, Sec 39, 40, 41 & 42