6-Beta Company earned gross income of RO 100,000 in the tax year 2019. In the same year, company made a payment of RO 4,000 as a donation to an approved organization. Which one of the following is the deductible expense from the gross income as per Oman tax laws? a. RO 9,000 O b. RO 4,000 O c. RO 5,000 O d. None of the options
6-Beta Company earned gross income of RO 100,000 in the tax year 2019. In the same year, company made a payment of RO 4,000 as a donation to an approved organization. Which one of the following is the deductible expense from the gross income as per Oman tax laws? a. RO 9,000 O b. RO 4,000 O c. RO 5,000 O d. None of the options
Chapter21: Partnerships
Section: Chapter Questions
Problem 55P
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6-Beta Company earned gross income of RO 100,000 in the tax year 2019. In the same year, company made a payment of RO 4,000 as a donation to an approved organization. Which one of the following is the deductible expense from the gross income as per Oman tax laws?
a. RO 9,000
O b. RO 4,000
O c. RO 5,000
O d. None of the options
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