Question
Determine the appropriate business tax of each of the following transactions/business. V if 12% vat, PT if percentage tax and E if exempt from business
Determine the appropriate business tax of each of the following transactions/business.
V if 12% vat, PT if percentage tax and E if exempt from business tax.
1. Hog dealers
2. Gasoline stations
3. Sale of wines by a dealer
4. International air carriers on their transport of passengers.
5. International air carriers on their transport of goods.
6. International carriers transporting passengers and goods.
7. Philippine commercial banks.
8. Legal fees.
9. Importation of fertilizers.
10. A radio television broadcasting franchisee. Gross receipts for the preceding year amounted to
P12,000,000.
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Linear Algebra A Modern Introduction
Authors: David Poole
3rd edition
9781133169574 , 978-0538735452
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