Withholding method ASSESSMENT OF CIT PAYABLE The for CIT assessment is the Taxable turnover and the Deemed CIT (%) CIT Taxable Deemed = * Payable turnover CIT rates What is Taxable turnover ? What are Deemed CIT rates ?
Withholding method ASSESSMENT OF CIT PAYABLE The for CIT assessment is the Taxable turnover and the Deemed CIT (%) CIT Payable = Taxable turnover * Deemed CIT rates What is Taxable turnover ? What are Deemed CIT rates ?
1012_VS-FCT%20Slides%20(Trainer).docx