TIMED TASK

The following details pertain to the revenues from flights of Air Wakanda, an international air carrier, for the calendar year ending 2022: Passengers: Revenues from flights originating from Seoul to Manila 2,455,000 Revenues from flights originating from Tokyo to Manila 3,272,000 Revenues from flights originating from Manila to Tokyo 1,302,000 Revenues from flights originating from Manila to Seoul 3,150,000 10,179,000 Cargoes: Revenues from flights originating from Seoul to Manila 144,000 Revenues from flights originating from Tokyo to Manila 388,000 Revenues from flights originating from Manila to Tokyo 213,000 Revenues from flights originating from Manila to Seoul 724,000 1,469,000 Suppose that Air Wakanda is a domestic corporation, will it be subject to the Gross Philippine Billings Tax? Yes. The gross Philippine billings tax applies only to Philippine carriers. No. The gross Philippine billings tax applies only to international carriers. Yes. The gross Philippine billings tax applies to carriers with international flights. No. The gross Philippine billings tax applies only to offline carriers