Question
A broadcasting company that is a non-vat holder of a franchise to operate a radio and/or television network provided the following data (net of any
A broadcasting company that is a non-vat holder of a franchise to operate a radio and/or television network provided the following data (net of any tax):
Gross Receipts:
2018 - P9,000,000
2019 - P12,000,000
2020 - P10,000,000
The business tax liability should be ___________.
a. 2018 - P1,080,000
2019 - P1,440,000
2020 - P1,440,000
b. 2018 - P270,000
2019 - P360,000
2020 - P1,200,000
c. 2018 - P270,000
2019 - P360,000
2020 - P300,000
d. 2018 - P1,080,000
2019 - P360,000
2020 - P360,000
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The Legal Environment Of Business A Managerial Approach Theory To Practice
Authors: Sean Melvin, Enrique Guerra-Pujol
4th Edition
1260247805, 978-1260247800
