NCO Taxation

Kyrgyzstani NCO Taxation

100

List two tax regimes that exist in Kyrgyzstan

General (Income Tax, VAT, Sales Tax) and Single Tax Regime 

200

Can charitable organizations be engaged in production of excise goods?

No, it will immediately lose its status as charitable organizations.

300

What is the registration revenue threshold for paying VAT?

30 millions soms

400

What is the % of Social Fund Tax that an employee at NCO should pay from his salary?

10%

500

Gross salary of an employee is 10,000 KGS. Calculate the amount of money that an employer will pay to the Social Fund.

Employer’s payment to the Social Fund: 17,25%*10000=1725 KGS

U.S. NCO Taxation

100

List the most and least generous countries in charity 

USA - most, China - least

200

Can NCOs in the USA lobby private interests?

No, they cannot

300

Can U.S. NCOs conduct entrepreneurial activities?

Yes, No, Yes, but with limitations

Yes, but with limitations

400

When the first Tax Benefit was granted to NCOs in the USA?

in 1913

500

Which claim is NOT true as to the limitations of NCO activity? Limitations:

Do not go beyond the statutory goals

Do not lobby private interests

Limit administrative expenses

Limit lobbying activity

Limit unrelated economic activity

Limit administrative expenses

Surprise questions

100

Bad luck! 

You lose 50 points

200

Good luck!

You earn 100 points

300

Sing any song

Here are your 300 points!