Solution manual transfer and business taxes by valencia CHAPTER 12 EXCISE TAX

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... ##P159,500##Add: Excise tax# # 12 0,798##Total amount of sales including VAT and excise tax# #P2 80,2 98##Problem 12 � AExcise tax (P11 65 x 2 00)##P 2 ,330##Problem 12 � DTax-exemptProblem 12 � AExcise tax. .. pesos#P9,600,000#P1,800,000###Multiplied by applicable excise tax rate#2 %#1%## #Excise tax# P192 ,000#P18,000#P2 10,000###### #PAGE ##PAGE #66 #BUSINESS AND TRANSFER TAXATION 5th Edition (BY: VALENCIA & ROXAS)SUGGESTED ANSWERSChapter... ################################################################################ ###################### #CHAPTER 12 EXCISE TAXESProblem 12 � False � excise tax is also imposed on luxurious goods and mineral products False � excise tax imposed to vehicles is based
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