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VVocatus · Bar Exam Practice

Taxation, 2012 Bar — Question 42

Taxation
2012 BarTaxationQ. 42

MULTIPLE CHOICE

The public market vendor below, who is not a VAT-registered person is liable to VAT in 2010, if: a) She sells raw chicken and meats and her gross sales during the year is P2 Million; b) She sells vegetables and fruits in her stall and her gross sales during the year is P1 Million; c) She sells canned goods, processed coconut oils, and cut flowers in her stall and her gross sales during the year is P2.5 Million; d) She sells live fish, shrimps, and crabs and her gross sales during the year is P5 Million.

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