Start learning →

CA Final Taxation of Digital Goods — practice questions — page 2

Explore 39 free Taxation of Digital Goods questions in CA Final Taxation. Open each question or exercise to read its content, reference answers and available explanation.

Practise Taxation of Digital Goods with Quill →

Taxation of Digital Goods questions and exercises with answers

Showing questions 31–39 of 39.

The statement on the Two-Pillar Solution to address tax challenges of digitalisation dates from when?Read the answer and worked solution →Which two countries published the joint Pillar Two proposal for a global minimum effective rate in May 2019?Read the answer and worked solution →In June 2021 the G7 finance ministers endorsed a global minimum corporate tax rate of at least what?Read the answer and worked solution →How many countries backed the OECD global minimum tax plan on 1 July 2021?Read the answer and worked solution →What did the 1992 Ruding Committee propose for EU member states?Read the answer and worked solution →The OECD technical guidance of 2 February 2023 concerned which set of rules?Read the answer and worked solution →Under the OECD Model Tax Convention, which is one of the three essential types of permanent establishment?Read the answer and worked solution →Which additional PE does the UN Model Tax Convention add in article 5(3)b?Read the answer and worked solution →How many Actions does the OECD BEPS project consist of?Read the answer and worked solution →

Worked practice questions

The statement on the Two-Pillar Solution to address tax challenges of digitalisation dates from when?

  1. 8 October 2021
  2. 1 July 2019
  3. 29 January 2016
  4. 15 March 2023
Show answer and solution

Correct answer: A. 8 October 2021

The OECD stated its Two-Pillar Solution on 8 October 2021, later approved by 137 jurisdictions.

Open this question →

Which two countries published the joint Pillar Two proposal for a global minimum effective rate in May 2019?

  1. India and China
  2. Germany and France
  3. Japan and Korea
  4. Brazil and Mexico
Show answer and solution

Correct answer: B. Germany and France

Germany and France jointly published the proposal in May 2019, aiming to stop the race to the bottom.

Open this question →

In June 2021 the G7 finance ministers endorsed a global minimum corporate tax rate of at least what?

  1. 5%
  2. 10%
  3. 15%
  4. 25%
Show answer and solution

Correct answer: C. 15%

The G7 backed a minimum rate of at least 15% to discourage a race to the bottom.

Open this question →

How to practise

  1. Choose a Taxation of Digital Goods question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Taxation topics

Double TaxationTransfer PricingDeduction, Collection and Recovery of TaxIncome Tax DepartmentPermanent Account NumberBasic ConceptsAnti-avoidance ProvisionsAppeals, Revision and Dispute Resolution