Ali Amanda, a resdent person for tax purposes, earned an employment income of 15,000 cedis, Business income of 25,000 cedis and an investment income from her property rentals of 5,000 in the year 2021. The investment income has already suffered a final withholding tax of 15%. What will be the total assesable income of Amanda in the year 2021? A . 45,000 B. 40,000 C. 45, 750 D. 44,250 E. 10,000

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter12: Tax Administration And Tax Planning
Section: Chapter Questions
Problem 22MCQ: Melodie's taxable income is $39,000 and she pays income tax of $4,489. If Melodie's taxable income...
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Ali Amanda, a resdent person for tax purposes, earned
an employment income of 15,000 cedis, Business
income of 25,000 cedis and an investment income from
her property rentals of 5,000 in the year 2021. The
investment income has already suffered a final
withholding tax of 15%. What will be the total
assesable income of Amanda in the year 2021? A
. 45,000 B. 40,000 C. 45, 750 D. 44,250 E. 10,000
Transcribed Image Text:Ali Amanda, a resdent person for tax purposes, earned an employment income of 15,000 cedis, Business income of 25,000 cedis and an investment income from her property rentals of 5,000 in the year 2021. The investment income has already suffered a final withholding tax of 15%. What will be the total assesable income of Amanda in the year 2021? A . 45,000 B. 40,000 C. 45, 750 D. 44,250 E. 10,000
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