1. How much is the input VAT? 2. If Ralph is a non-VAT registered taxpayer, how much can be claimed as Input VAT? 3. If Ralph availed of the 8% income tax option, how much can be claimed as input VAT?

1. How much is the input VAT? 2. If Ralph is a non-VAT registered taxpayer, how much can be claimed as Input VAT? 3. If Ralph availed of the 8% income tax option, how much can be claimed as input VAT?

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter3: Business Income And Expenses

Section: Chapter Questions

Problem 22MCQ

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