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send your answers together with your computations/explanations. (business tax) 5. In 2020 a vat registered real estate dealer sold a residential lot for P1,919,500 to

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send your answers together with your computations/explanations. (business tax)

5. In 2020 a vat registered real estate dealer sold a residential lot for P1,919,500 to a vendee who intends to erect his residential house thereon. The sale shall be: a. Subject to 12% vat b. Subject to 0% vat c. Vat exempt d. None of the foregoing a 6. In 2021, a vat registered real estate dealer sold a residential lot for P1,919,500 to a vendee who intends to erect his residential house thereon. The sale shall be: a. Subject to 12% vat b. b subject to 0% vat c. Vat exempt d. None of the foregoing

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