A seller of agricultural food products is vat exempt

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8. A seller of agricultural food products is VAT-exempt. Hisannual sales in 2018 amounted to P3 million. To whatbusiness tax is he liable?A. 3% tax on vat-exempt personsB. 12% VATC. 3% common carrier’s taxD. None of the above
MULTIPLE CHOICE9. A keeper of garage whose gross receipts for 2018 exceedP3 million is subject to:
MULTIPLE CHOICE10. A VAT registered transportation contractor is engaged in thetransport of passengers, goods and cargoes. What businesstax is he liable?
MULTIPLE CHOICE11. Which of the following franchise grantees is subject tofranchise tax?
MULTIPLE CHOICE12. One of the following is subject to overseas communicationstax:A. Long distance call by a son from Manila to his father in IloiloCity.B. Monthly telephone bill from PLDTC. Telephone bill on a call by a mother in the Philippines to herson in LondonD. Telephone call by Magda in Hong Kong to her friend inManila
TRUE OR FALSE

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