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For a particular month in 2018, all amounts given are total invoice costs/prices: Non-VAT taxpayer sells to Company A, VAT inclusive taxpayer = P66,000 Company
For a particular month in 2018, all amounts given are total invoice costs/prices: Non-VAT taxpayer sells to Company A, VAT inclusive taxpayer = P66,000 Company A sells to Company B, VAT inclusive taxpayer = 99,000 Company B sells to Company C, VAT taxpayer and exporter = 5,000 Company C exports to foreign countries = 300,000 The VAT due from Company A is?
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