African International Carrier reported the following gross receipts from tickets sold: Outside for trip-Manila to USA P1,000,000; Outside for trip-USA to Manila 1,200,000; In the Philippines for trip - USA to Manila 1,500,000; In the Philippines for trip - Manila to USA 1,100,000. The Philippine business tax to be paid is

African International Carrier reported the following gross receipts from tickets sold: Outside for trip-Manila to USA P1,000,000; Outside for trip-USA to Manila 1,200,000; In the Philippines for trip - USA to Manila 1,500,000; In the Philippines for trip - Manila to USA 1,100,000. The Philippine business tax to be paid is

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter9: Taxation Of International Transactions

Section: Chapter Questions

Problem 27P

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am. 113.
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