Akihabara, Inc., a non-bank financial intermediary not performing quasi- banking functions, has the following data for...

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Akihabara, Inc., a non-bank financial intermediary not performing quasi- banking functions, has the following data for the first month of the current year: Particulars Income from financial leasing (remaining maturity of the instrument is more than 5 years) Dividends and equity shares in net income of subsidiaries Rentals of properties Net trading gains within the taxable year on foreign currency 90,219 85,978 2,180 Amount 72,689 4,567,800 How much is the gross receipts tax? 239,200 506,000 300,000 Akihabara, Inc., a non-bank financial intermediary not performing quasi- banking functions, has the following data for the first month of the current year: Particulars Income from financial leasing (remaining maturity of the instrument is more than 5 years) Dividends and equity shares in net income of subsidiaries Rentals of properties Net trading gains within the taxable year on foreign currency 90,219 85,978 2,180 Amount 72,689 4,567,800 How much is the gross receipts tax? 239,200 506,000 300,000

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Answer 85978 Income from financial leasing remainin... View the full answer