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How much is the overseas communications tax collected from persons who used the communication facilities? How much is the overseas communications tax collected from persons
How much is the overseas communications tax collected from persons who used the communication facilities?
How much is the overseas communications tax collected from persons who used the communications facilities? * For the next two questions. Smart-Globe Telecommunications has the following data for a particular month: Gross receipts, domestic calls P5,000,000 Gross receipts, overseas calls (originating in the Philippines) 3,000,000 Purchase of supplies used in connection with domestic calls net of VAT 300,000 Purchase of equipment used in connection with both domestic calls and overseas calls, net of VAT 800.000 Business expense 1,000,000 P300,000 P500,000 P800,000 NilStep by Step Solution
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