How much of the rental receipts is exempt

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Reference no: EM133178299

Question - Jackie leased the following during the year:

-15 Residential Units - P14,500 per month

-20 Residential Units - P16,000 per month

-10 Commercial Units - P12,000 per month

1) How much of the rental receipts is exempt?

2) How much of the rental receipts is vatable?

Reference no: EM133178299

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