ACCA考试F6税务（China）真题2010年12月及答案解析.doc

1、ACCA考试 F6税务（China）真题 2010年 12月及答案解析(总分：100.00，做题时间：180 分钟)一、ALL FIVE questions a(总题数：1，分数：35.00)（分数：35.01）(1).(a) （分数：11.67）_(2).(b)Company B is a resident enterprise, which was incorporated in the year 1990. The table below shows the taxable profits of Company B, as agreed by the tax bureau, for th

2、e years 2002 to 2009 inclusive. （分数：11.67）_(3).(c) Define the term resident enterprise for the purposes of enterprise income tax (EIT) and state the differences in the scope of the assessment of EIT for resident and non-resident enterprises. (7 marks)（分数：11.67）_(1).(a) Mr Zhang, a Chinese citizen, i

3、s a University professor. He had the following income for the month of January 2009: (1) Monthly employment income of RMB 18,000 and a bonus for the year 2008 of RMB 12,000. (2) Income of RMB 18,000 for publishing a book on 6 January 2009. One of the chapters of the book was published in a magazine

4、as a four-day series commencing on 19 January 2009 for which Mr Zhang received income of RMB 1,000 per day. (3) A net gain of RMB 12,000 from trading in the A-shares market. (4) Income of RMB 4,800 for giving four separate seminars for Enterprise X. (5) A translation fee of RMB 5,200 from a media pu

5、blisher. (6) Received RMB 300,000 from the sale of the property (50 square metres) that he had lived in for six years. Mr Zhang had acquired the property for RMB 180,000. (7) Gross interest income of RMB 6,000 from a bank deposit. (8) Received RMB 11,000 as insurance compensation. Required: Calculat

6、e the individual income tax (IIT) payable (if any) by Mr Zhang on each of his items of income for the month of January 2009, clearly identifying any item which is tax exempt. (10 marks)（分数：10.00）_(2).(b) Mr Smith, who is a UK national, is employed by a UK construction company to work in Shanghai on

7、a project that will last for a period of 18 consecutive months. Required: (i) State, giving reasons, whether Mr Smith will be a resident taxpayer or a non-resident taxpayer in the PRC and the scope of his individual income tax (IIT) assessment; (2 marks) (ii) List any THREE fringe benefits that can

8、be provided to Mr Smith that will not be subject to individual income tax (IIT) in China; (3 marks) (iii) Briefly explain the requirements for the reporting and payment of the individual income tax (IIT) due for Mr Smith if he is paid RMB 30,000 per month. (5 marks)（分数：10.00）_(1).(a) During the mont

9、h of February 2009, Company C, a motor vehicle manufacturing company, carried out the following transactions: (1) Imported engines for production purposes for the equivalent of RMB 2,000,000 (including freight and insurance to the Chinese port). Company C paid a further RMB 10,000 (including value a

10、dded tax (VAT) to transport the engines from the port to its warehouse. (2) Purchased raw materials for RMB 800,000 (excluding VAT) and received a discount of 2% from the supplier for early payment. Company C paid transportation costs of RMB 8,000 (excluding VAT) and an insurance fee of RMB 5,000 in

11、 relation to the delivery of the raw materials to its warehouse. (3) Sold 200 of Model A motor vehicles at RMB 150,000 each (including VAT). (4) Sold ten Model A motor vehicles to its own staff at their cost of RMB95,000 (excluding VAT) each. (5) Company C is testing the performance of a new design

12、of motor vehicle (Model B). Five Model B motor vehicles were taken for self-use. The cost per unit of Model B motor vehicles is RMB 130,000 (excluding VAT); no market price has yet been set for these vehicles. Required: Calculate the consumption tax (CT) and value added tax (VAT) payable by Company

13、C for each of the transactions (1) to (5) in the month of February 2009, clearly identifying where no tax is payable. Note: you should assume that: (1) The tariff for all kinds of imported goods is 25%. (2) Consumption tax (CT) is 10% for all types of motor vehicle. (3) The deemed profit rate for th

14、e Model B motor vehicles is 8%. (11 marks)（分数：10.00）_(2).(b)(i) State the value added tax (VAT) treatment of the disposal of self-used fixed assets. Your answer should deal with assets which were bought both before and after 1 January 2009; (2 marks) (ii) State the value added tax (VAT) treatment of

15、 the disposal of used articles (other than those used as fixed assets) and used cars; (2 marks) (iii) The following transactions all occurred in the month of August 2009. All figures are stated including value added tax (VAT). (1) Company D sold a used machine for RMB 250,000, which had been bought

16、in January 2008 for RMB 200,000. (2) Company E (a small-scale VAT taxpayer) sold a used machine for RMB 180,000, which had been bought in October 2005 for RMB 200,000. (3) Company F sold a used machine for RMB 150,000, which had been bought in January 2009 for RMB 120,000. (4) Company G (a small-sca

17、le VAT taxpayer) sold a used machine for RMB 150,000, which had been bought in January 2009 for RMB 120,000. (5) Company H sold a used car for RMB 150,000, which had been bought in January 2009 for RMB 120,000. Required: In the case of each of the sales (1) to (5), calculate the value added tax (VAT

18、) payable. Note: unless otherwise stated all the companies are general VAT taxpayers. (5 marks)（分数：10.00）_(1).(a) State what is meant by a mixed sale and briefly explain the business tax (BT) and/or value added tax (VAT) treatment of mixed sales activities. (5 marks)（分数：5.00）_(2).(b) Company J, an a

19、dvertising company, had the following transactions in the month of October 2009: (1) Earned RMB 3,000,000 from a cosmetic company. The artists in the advertisement were paid RMB 1,000,000 and the television centre broadcast fee was RMB 800,000. (2) Earned RMB 870,000 from a pharmaceutical company. T

20、he cost of the advertisement was RMB 800,000, the television centre broadcast fee was RMB 200,000 and the newspaper offices publishing fee was RMB 150,000. The income assessed was considered to be too low and without proper justification by the tax bureau, which determined the taxable income should

21、be re-calculated at a deemed profit rate of 18% on the reported earnings. (3) Received RMB 1,200,000 from a wine shop for making an advertising banner outside a building. Company J purchased materials for RMB 700,000 for which a general sales invoice was obtained. The banner was sewn in Company Js s

22、ample room at a labour cost of RMB 20,000 and installed by its property management department for a cost of RMB 30,000. (4) Invested RMB 1,500,000 in immovable property and assigned intangible assets worth RMB 300,000 to a certain enterprise as a capital contribution. (5) Earned RMB 200,000 by holdi

23、ng a fashion show. (6) Received RMB 500,000 from the transfer of the patent on a certain advertisement design. Required: Briefly explain and calculate the business tax (BT) payable by Company J for the month of October 2009. (8 marks)（分数：5.00）_(3).(c) State (1) by when a business tax (BT) return mus

24、t be filed and the tax paid and (2) the consequences of late payment. (2 marks)（分数：5.00）_(1).(a) Briefly explain the circumstances in which a charitable donation, including a donation in kind, is allowable as a deduction for enterprise income tax (EIT) and state the administrative requirements for s

25、uch donations. (5 marks)（分数：3.33）_(2).(b) Briefly explain the circumstances in which a charitable donation is allowable as a deduction for individual income tax (IIT) and state the administrative requirements for such donations. (4 marks)（分数：3.33）_(3).(c) State the enterprise income tax (EIT) treatm

26、ent of a monetary charitable donation made by a representative office (RO) that is subject to EIT on a cost-plus basis. (1 mark)（分数：3.33）_ACCA考试 F6税务（China）真题 2010年 12月答案解析(总分：100.00，做题时间：180 分钟)一、ALL FIVE questions a(总题数：1，分数：35.00)（分数：35.01）(1).(a) （分数：11.67）_正确答案：( )解析：(2).(b)Company B is a resid

27、ent enterprise, which was incorporated in the year 1990. The table below shows the taxable profits of Company B, as agreed by the tax bureau, for the years 2002 to 2009 inclusive. （分数：11.67）_正确答案：( )解析：(3).(c) Define the term resident enterprise for the purposes of enterprise income tax (EIT) and st

28、ate the differences in the scope of the assessment of EIT for resident and non-resident enterprises. (7 marks)（分数：11.67）_正确答案：( )解析：(1).(a) Mr Zhang, a Chinese citizen, is a University professor. He had the following income for the month of January 2009: (1) Monthly employment income of RMB 18,000 a

29、nd a bonus for the year 2008 of RMB 12,000. (2) Income of RMB 18,000 for publishing a book on 6 January 2009. One of the chapters of the book was published in a magazine as a four-day series commencing on 19 January 2009 for which Mr Zhang received income of RMB 1,000 per day. (3) A net gain of RMB

30、12,000 from trading in the A-shares market. (4) Income of RMB 4,800 for giving four separate seminars for Enterprise X. (5) A translation fee of RMB 5,200 from a media publisher. (6) Received RMB 300,000 from the sale of the property (50 square metres) that he had lived in for six years. Mr Zhang ha

31、d acquired the property for RMB 180,000. (7) Gross interest income of RMB 6,000 from a bank deposit. (8) Received RMB 11,000 as insurance compensation. Required: Calculate the individual income tax (IIT) payable (if any) by Mr Zhang on each of his items of income for the month of January 2009, clear

32、ly identifying any item which is tax exempt. (10 marks)（分数：10.00）_正确答案：( )解析：(2).(b) Mr Smith, who is a UK national, is employed by a UK construction company to work in Shanghai on a project that will last for a period of 18 consecutive months. Required: (i) State, giving reasons, whether Mr Smith w

33、ill be a resident taxpayer or a non-resident taxpayer in the PRC and the scope of his individual income tax (IIT) assessment; (2 marks) (ii) List any THREE fringe benefits that can be provided to Mr Smith that will not be subject to individual income tax (IIT) in China; (3 marks) (iii) Briefly expla

34、in the requirements for the reporting and payment of the individual income tax (IIT) due for Mr Smith if he is paid RMB 30,000 per month. (5 marks)（分数：10.00）_正确答案：( )解析：(1).(a) During the month of February 2009, Company C, a motor vehicle manufacturing company, carried out the following transactions

35、: (1) Imported engines for production purposes for the equivalent of RMB 2,000,000 (including freight and insurance to the Chinese port). Company C paid a further RMB 10,000 (including value added tax (VAT) to transport the engines from the port to its warehouse. (2) Purchased raw materials for RMB

36、800,000 (excluding VAT) and received a discount of 2% from the supplier for early payment. Company C paid transportation costs of RMB 8,000 (excluding VAT) and an insurance fee of RMB 5,000 in relation to the delivery of the raw materials to its warehouse. (3) Sold 200 of Model A motor vehicles at R

37、MB 150,000 each (including VAT). (4) Sold ten Model A motor vehicles to its own staff at their cost of RMB95,000 (excluding VAT) each. (5) Company C is testing the performance of a new design of motor vehicle (Model B). Five Model B motor vehicles were taken for self-use. The cost per unit of Model

38、B motor vehicles is RMB 130,000 (excluding VAT); no market price has yet been set for these vehicles. Required: Calculate the consumption tax (CT) and value added tax (VAT) payable by Company C for each of the transactions (1) to (5) in the month of February 2009, clearly identifying where no tax is

39、 payable. Note: you should assume that: (1) The tariff for all kinds of imported goods is 25%. (2) Consumption tax (CT) is 10% for all types of motor vehicle. (3) The deemed profit rate for the Model B motor vehicles is 8%. (11 marks)（分数：10.00）_正确答案：( )解析：(2).(b)(i) State the value added tax (VAT) t

40、reatment of the disposal of self-used fixed assets. Your answer should deal with assets which were bought both before and after 1 January 2009; (2 marks) (ii) State the value added tax (VAT) treatment of the disposal of used articles (other than those used as fixed assets) and used cars; (2 marks) (

41、iii) The following transactions all occurred in the month of August 2009. All figures are stated including value added tax (VAT). (1) Company D sold a used machine for RMB 250,000, which had been bought in January 2008 for RMB 200,000. (2) Company E (a small-scale VAT taxpayer) sold a used machine f

42、or RMB 180,000, which had been bought in October 2005 for RMB 200,000. (3) Company F sold a used machine for RMB 150,000, which had been bought in January 2009 for RMB 120,000. (4) Company G (a small-scale VAT taxpayer) sold a used machine for RMB 150,000, which had been bought in January 2009 for R

43、MB 120,000. (5) Company H sold a used car for RMB 150,000, which had been bought in January 2009 for RMB 120,000. Required: In the case of each of the sales (1) to (5), calculate the value added tax (VAT) payable. Note: unless otherwise stated all the companies are general VAT taxpayers. (5 marks)（分数：10.00）_正确答案：( )解析：(1).(a) State what is meant by a mixed sale and briefly explain the business tax (BT) and/or value added tax (VAT) treatment of mixed sales activities. (5 marks)（分数：5.00）_正确答案：( )解析：(2).(b) Company J,