PHILIPPINE TAX

1. How much is the claimable input VAT in June presuming the purchases are prior to 2022?

2. How much is the claimable input VAT in July presuming the purchases are prior to 2022?

3. How much is the claimable input VAT in August presuming the purchases are prior to 2022?

4. How much is the claimable input VAT in June presuming the purchases are during 2022?

5.  How much is the claimable input VAT in July presuming the purchases are during 2022?

6.. How much is the claimable input VAT in August presuming the purchases are during 2022?

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The Foehn corporation made the following acquisitions of equipment from VAT registered suppliers (net of VAT). Date Cost Estimated Life Jun 2 1,500,000 8 years Jun 10 500,000 2 years Jul 5 400,000 3 years Jul 20 500,000 4 years Aug 10500,000 4 years Aug 15600,000 6 years The Foehn corporation made the following acquisitions of equipment from VAT registered suppliers (net of VAT). Date Cost Estimated Life Jun 2 1,500,000 8 years Jun 10 500,000 2 years Jul 5 400,000 3 years Jul 20 500,000 4 years Aug 10500,000 4 years Aug 15600,000 6 years