5. In 2020 a vat registered real estate dealer sold a residential lot for P1,919,500 to a vendee who intends to erect hi

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5 In 2020 A Vat Registered Real Estate Dealer Sold A Residential Lot For P1 919 500 To A Vendee Who Intends To Erect Hi 1 (9.82 KiB) Viewed 84 times

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(business tax)
5. In 2020 a vat registered real estate dealer sold a residential lot for P1,919,500 to a vendee who intends to erect his residential house thereon. The sale shall be: a. Subject to 12% vat b. Subject to 0% vat c. Vat exempt d. None of the foregoing a 6. In 2021, a vat registered real estate dealer sold a residential lot for P1,919,500 to a vendee who intends to erect his residential house thereon. The sale shall be: a. Subject to 12% vat b. b subject to 0% vat c. Vat exempt d. None of the foregoing