The following persons are subject to 3% common carriers' tax based on their actual or minimum monthly gross receipts whichever is higher, except: c. Cars for rent driven by lessees d. Transportation contractors a. Owners of bancas b.Keepers of garages

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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illll
O 51
The following persons are subject to 3% common carriers' tax based
on their actual or minimum monthly gross receipts whichever is
higher, except:
c. Cars for rent driven by lessees
d. Transportation contractors
a. Owners of bancas
b.Keepers of garages
II
Transcribed Image Text:05:01 KB/s 2.90 illll O 51 The following persons are subject to 3% common carriers' tax based on their actual or minimum monthly gross receipts whichever is higher, except: c. Cars for rent driven by lessees d. Transportation contractors a. Owners of bancas b.Keepers of garages II
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