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OPT9.Which of the following will most likely affect output VAT of SM Corp, a VAT taxpayer, on its monthly VAT report? a.SM still holds consigned
OPT9.Which of the following will most likely affect output VAT of SM Corp, a VAT taxpayer, on its monthly VAT report? a.SM still holds consigned goods sent to them by consignors 3 months ago. b.SM sold various items to senior citizens. c.SM purchased mineral water for its employees from an operator of a water franchise. d.SM collected monthly lease from its corporate tenants who pay fixed rate of P12,500 per month. 10. Which of the following will most likely affect input VAT of SM Corp, a VAT taxpayer, on its monthly VAT report? a.SM purchased employee uniforms from a non-VAT supplier. b.SM sold various items to senior citizens. c.SM purchased goods from its employee's multipurpose cooperatives. d.SM collected monthly lease from its corporate tenants who pay fixed rate of P12,500 per month
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