What is the vat shouldered by claire classified

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Reference no: EM132657141

Problem 1: Claire bought a tumbler from Kleen Kanteen. The VAT-inclusive price reflected on the official receipt is PhP2,500. From the point of view of Kleen Kanteen, is the VAT shouldered by Claire classified as input or output VAT?

Problem 2: Carl's gross income on his first year working is Php 400,110. How much income tax was withheld from his salary last year?

Reference no: EM132657141

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