How much is the present Value-Added-Tax in the Philippines?
A. 12% of gross profit
B. 12% of cost of goods sold
C. 12% of gross sales
D. 12% of net income
Answer:C
How much is the present Value-Added-Tax in the Philippines?
A. 12% of gross profit B. 12% of cost of goods sold C. 12% of gross sales D. 12% of net income