Reference no: EM132866454
Question - Dito Telecommunication at the following data for a particular month:
Gross Receipts, Domestic calls 5,000,000
Gross Receipts, Overseas calls 3,000,000
Purchase of supplies use in connection with Domestic Calls, Net of VAT 300,000
Purchase of Equipment used in connection with both domestic and overseas calls 800,000
Business expense 1,000,000
Required - How much is the overseas communications tax collected from persons who used the communications facilities?