Post Utme Wellspring University 2022 Commerce Question 39
Practice objective / multiple choice question 39 from the 2022 Post Utme Wellspring University Commerce examination.
A sole trader has a business that generates an annual profit of ₦500,000. The trader has a personal income tax rate of 20% and a business tax rate of 30%. What is the total tax liability of the trader?
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About This Question
This is Post Utme Wellspring University 2022 Commerce Question 39. It is one of the objective questions from the 2022 Post Utme Wellspring University Commerce examination.
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