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1st Assignment in Humanities

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1st meeting assignment in Tax 2:

1. What is business tax?

2. As per business tax is concerned, define business.
3. What businesses, though engage in a commercial activity, are not subject to
business tax? Why?
4. Enumerate business taxes under NIRC.
5. Can a business tax be imposed to persons not engaged in commercial
activity?
6. Who are required to register under VAT?
7.

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