Daenerys of the house of Targaryen, non-VAT registered, owns several business establishments withij the seven kingdoms and
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Daenerys of the house of Targaryen, non-VAT registered, owns several business establishments withij the seven kingdoms and has the following sales and receipts for the month of February 2021:
Sale of dragon meat in its original state 670,000
Sale of educational books 140,000
Receipts from cabarets 2,790,000
Sale of 2 residential dwellings 5,733,000
Sale of winter clothing 1,450,000
Lease of 50 apartments units 800,000
1. Compute the total exempt sales/receipts.
2. Compute the total VATable sales/receipts.
3. Compute the total percentage tax payable.
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