A lessor rents his 3 commercial and 8 residential units for monthly rent of P65,000 and P15,000 per unit, respectively. During the taxable year, his accumulated gross receipts amounted to P3,780,000. Compute the business tax.

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter5: Unemployment Compensation Taxes
Section: Chapter Questions
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A lessor rents his 3 commercial and 8 residential units for monthly rent of P65,000 and
P15,000 per unit, respectively. During the taxable year, his accumulated gross receipts
amounted to P3,780,000. Compute the business tax.
Transcribed Image Text:A lessor rents his 3 commercial and 8 residential units for monthly rent of P65,000 and P15,000 per unit, respectively. During the taxable year, his accumulated gross receipts amounted to P3,780,000. Compute the business tax.
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