LIC AAO 22 Mar 2015 Paper
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Directions (121-125) : Rearrange the following six sentences (A), (B), (C), (D), (E) and (F) in the proper sequence so as to form a meaningful paragraph, and then answer the questions given below them.
(A) The study also shows that firms also contribute a significant amount to property taxes, sales taxes, environmental taxes and so on.
(B) In fact, a study by PWC, an accountancy firm, shows that on average companies pay more tax on labour such as employer’s social security contributions, than on profits
(C) This widely held belief is wrong.
(D) The only tax paid by business es is the one levied on their profits.
(E) Accordingly their analysis of data shows that the average global company pays some 43.1 percent of its commercial profits in tax, of which 16.3 percentage points is labour related, 16.1 profit related and 10.7 others.
(F) But with the challenging face of business, this traditional distribution of taxation needs a second look.
ENGLISH LANGUAGE
Directions (121-125) : Rearrange the following six sentences (A), (B), (C), (D), (E) and (F) in the proper sequence so as to form a meaningful paragraph, and then answer the questions given below them.
(A) The study also shows that firms also contribute a significant amount to property taxes, sales taxes, environmental taxes and so on.
(B) In fact, a study by PWC, an accountancy firm, shows that on average companies pay more tax on labour such as employer’s social security contributions, than on profits
(C) This widely held belief is wrong.
(D) The only tax paid by business es is the one levied on their profits.
(E) Accordingly their analysis of data shows that the average global company pays some 43.1 percent of its commercial profits in tax, of which 16.3 percentage points is labour related, 16.1 profit related and 10.7 others.
(F) But with the challenging face of business, this traditional distribution of taxation needs a second look.
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