Question
Mang Kepweng, a VAT-registered person has the following gross receipts for the year 2018: Red Bus has total receipts of P 200,000 (including
- Mang Kepweng, a VAT-registered person has the following gross receipts for the year 2018:
- Red Bus has total receipts of P 200,000 (including receipts from the carriage of goods of P 10,00)
- Blue Bus has a total receipt of P. 300,000 (excludes receipts from the carriage of goods of P 10,00)
- Taxi- receipts of P 40,000 Jeepney has total receipts of P 70,000.
- Cargo trucks have total receipts of P 100,000 Sea vessel has total receipts of P 300,000 What is the total business taxes due from ABC?
Step by Step Solution
3.48 Rating (164 Votes )
There are 3 Steps involved in it
Step: 1
Step 11 Total business ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
South Western Federal Taxation 2015 Essentials Of Taxation Individuals And Business Entities
Authors: James Smith, William Raabe, David Maloney, James Young
18th Edition
9781285438290, 1285439740, 1285438299, 978-1285439747
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App