Professional Documents
Culture Documents
Percentage Tax
Percentage Tax
CASE 2
Exempted.
CASE 3
Business Tax: Percentage Tax since Pedro is Non-VAT Registered.
Question 1: TAX DUE
Gross Sales 2800000 1% 28000
Payment made to VAT suppliers 800000 12% 85714
-57714 *NO TAX DUE
Question 2:
Gross Sales 2800000 8% 224000