Mang Kepweng, a VAT-registered person has the following gross receipts for the year 2018: Red
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Question:
- Mang Kepweng, a VAT-registered person has the following gross receipts for the year 2018:
- Red Bus has total receipts of P 200,000 (including receipts from the carriage of goods of P 10,00)
- Blue Bus has a total receipt of P. 300,000 (excludes receipts from the carriage of goods of P 10,00)
- Taxi- receipts of P 40,000 Jeepney has total receipts of P 70,000.
- Cargo trucks have total receipts of P 100,000 Sea vessel has total receipts of P 300,000 What is the total business taxes due from ABC?
Related Book For
South Western Federal Taxation 2015 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781285438290
18th Edition
Authors: James Smith, William Raabe, David Maloney, James Young
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