Question
A VAT-registered real property lessor indicated in its official receipt an amount of P26,250, inclusive of VAT and net of income tax withheld. How much
A VAT-registered real property lessor indicated in its official receipt an amount of P26,250, inclusive of VAT and net of income tax withheld. How much is its Output VAT for its receipt?
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Step: 1
To calculate the Output VAT for the receiptwe need to follow these steps Extract the total amount Gi...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
