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NEW QUESTION: 1
RS purchased an asset on 1 May 20X1 for $200,000, exclusive of import duties of $25,000.
The asset was sold on 1 December 20X3 for $450,000, incurring costs to sell of $15,000.
RS is resident in Country Y where indexation is allowable from the date of purchase to the date of sale.
The indexation factor increased by 40% in the period 1 May 20X1 to 1 December 20X3.
Capital gains are taxed at 25%.
What is the capital tax due from RS on disposal of the asset?
NEW QUESTION: 2
Which two statements are true regarding the export/import of reports?
A. A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
B. The export/import reports are available only for Fusion Customer Relationship Management.
C. To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
D. A set of reports lists user names, suppliers, and customers that have been exported/imported.
E. Reports on setup data can be used to compare and analyze how the data might have changed over time.
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