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P6 CYPRUS variant dec 2014

Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › P6 CYPRUS variant dec 2014

  • This topic has 5 replies, 5 voices, and was last updated 11 years ago by kontoua.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • December 6, 2014 at 1:33 am #218756
    kontoua
    Member
    • Topics: 15
    • Replies: 31
    • ☆

    Anyone here that sat P6 cyprus variant dec 2014?
    What do you think?
    Remembering any questions and marks?

    December 7, 2014 at 12:28 pm #219112
    anastasia
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Hello. I only remember
    Q1. vat treatment France and Russia (5marks i think)
    90 days rule exemption
    calculation of income tax of Evgenia and demetris in 2013 as per scenario and recommendation
    overseas pension how to be taxed
    subsidiary vs branch 3 marks

    Q2. definition of Permanent establishment
    16 marks question 1

    Q3. if it is international trust or not.
    how trust is taxed
    life insurance how it is taxed
    what are consequences of Polina taking 8000 loan

    Q5. Badges of trade for the scenario 5 marks
    calculation of
    income tax 9 marks
    capital gains tax 4 marks
    special defence 2 marks

    December 8, 2014 at 9:07 am #219291
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 2
    • ☆

    Hello, Did anyone do that requirement in Question 2 about tonnage tax ? that was tricky part ! It was hidden in the scenario

    December 8, 2014 at 9:10 am #219292
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    Yes, yes yes! I thought that i was the only one who got this! This was in the part with the leasing activities of NewCo1. Fingers crossed guys!

    December 8, 2014 at 9:14 am #219293
    toniaf
    Member
    • Topics: 2
    • Replies: 4
    • ☆

    Hi stathis,

    Yes, i believe that it was clear about tonage tax because in Boxoria leasing income is taxed under tonage tax rates.

    Waiting for the solutions guys.

    December 10, 2014 at 4:33 pm #220030
    kontoua
    Member
    • Topics: 15
    • Replies: 31
    • ☆

    can you write your answers for comparison?

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
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