Solution-Compute for the output tax on every payments made

Compute for the output tax on every payments made

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Question - A VAT subject real estate dealer sold a residential lot on January 15, 2018. The following information made available on the terms of the sale: Gross selling price 3,000,000 Down payment 400,000 First installment 200,000 Balance to be paid in equal semi-annual installments starting January 15, 2019 2,400,000 The zonal value of the residential lot was 2,800,000. Compute for the output tax on every payments made by the taxpayer.

Reference no: EM133126074

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Compute for the output tax on every payments made : The zonal value of the residential lot was 2,800,000. Compute for the output tax on every payments made by the taxpayer

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Compute for the output tax on every payments made

Reference no: EM133126074

Reference no: EM133126074

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