12. During the month your client informed you that he is going to buy a vehicle for land transport for official business use. He sought your advice so he can claim input tax. The following are his choices: Vios P2,500,000 P3,000,000 Volvo Ford Ranger P1,500,000 What will you tell him to buy? a. Vios c. Ford Ranger b. Volvo d. Any of the above
12. During the month your client informed you that he is going to buy a vehicle for land transport for official business use. He sought your advice so he can claim input tax. The following are his choices: Vios P2,500,000 P3,000,000 Volvo Ford Ranger P1,500,000 What will you tell him to buy? a. Vios c. Ford Ranger b. Volvo d. Any of the above
Chapter13: Choice Of Business Entity—general Tax And Nontax Factors/formation
Section: Chapter Questions
Problem 38P
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Question
Transcribed Image Text:12. During the month your client informed you that he is going to buy a
vehicle for land transport for official business use. He sought your
advice so he can claim input tax. The following are his choices:
Vios
P2,500,000
P3,000,000
Volvo
Ford Ranger
P1,500,000
What will you tell him to buy?
a. Vios
C.
Ford Ranger
b. Volvo
d. Any of the above
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