BUSINESS & TRASFER TAX SOLUTIONS MANUAL DOCX

Title	BUSINESS & TRASFER TAX SOLUTIONS MANUAL
Pages	18
File Size	32.8 KB
File Type	DOCX
Total Downloads	171
Total Views	991

Summary

BUSINESS & TRASFER TAX SOLUTIONS MANUAL Rex B. Banggawan, CPA, MBA CHAPTER 1 True or False 1. True 2. True 3. True 4. True 5. False 6. False (business tax, a form of consumption tax) 7. True 8. True 9. False (only domestic consumption) 10.False (country of destination) 11.True (the tax is impose...

Description

BUSINESS & TRASFER TAX SOLUTIONS MANUAL Rex B. Banggawan, CPA, MBA CHAPTER 1 True or False 1. True 2. True 3. True 4. True 5. False 6. False (business tax, a form of consumpton tax) 7. True 8. True 9. False (only domestc consumpton) 10. False (country of destnaton) 11. True (the tax is imposed upon the buyer) 12. False (tax applies only on domestc consumpton) 13. False (sale abroad is a foreign consumpton) 14. False (subject to tax to the buyer) 15. True (partcularly business tax) 16. True 17. True 18. False (the former is a broader concept) 19. False (it is payable by all who imports) 20. True 21. True 22. True 23. True (statutory taxpayer = seller, economic taxpayer = buyer) 24. True 25. True Multiple Chocee – Theor:e Par 1 1. C 2. A 3. D 4. C 5. A 6. A 7. C 8. D 9. C 10. A 11. B 12. A 13. C...