CASE 26 All taxpayers are VAT taxpayers. Prices give Sale by Mr. A to Mr. B for P140,000; Sale by Mr. B to Mr. C for P280,000; Sale by Mr. C to Mr. D for P560,000; Sale by Mr. D to Mr. E for P750,000. a) Value-added tax payable by Mr. B? b) Value-added tax payable by Mr. C? c) Value-added tax payable by Mr. D?

CASE 26 All taxpayers are VAT taxpayers. Prices give Sale by Mr. A to Mr. B for P140,000; Sale by Mr. B to Mr. C for P280,000; Sale by Mr. C to Mr. D for P560,000; Sale by Mr. D to Mr. E for P750,000. a) Value-added tax payable by Mr. B? b) Value-added tax payable by Mr. C? c) Value-added tax payable by Mr. D?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter1: Federal Income Taxation—an Overview

Section: Chapter Questions

Problem 43P

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Similar questions

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