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Compute the common carrier tax

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Reference no: EM132644136

Question - J. Reyes operates Ayawmagsakay Taxi with three units in Metro Manila. During the quarter, Taxi No. 1 recorded gross receipts of P3,200, Taxi No.2 (net of P500 gasoline expense), P3,500 and Taxi No.3, P4,500. Compute the common carrier's tax?

a. P363

b. P351

c. P336

d. None

Reference no: EM132644136

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