What happens when a qualified exempt importer subsequently sells what was imported to a taxable person? The sale is still exempt The taxable person shall pay for the VAT to the Bureau of Internal Revenue The taxable person shall pay for the VAT to the Bureau of Customs The importer should pay for the VAT

What happens when a qualified exempt importer subsequently sells what was imported to a taxable person? The sale is still exempt The taxable person shall pay for the VAT to the Bureau of Internal Revenue The taxable person shall pay for the VAT to the Bureau of Customs The importer should pay for the VAT

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter1: An Introduction To Taxation And Understanding The Federal Tax Law

Section: Chapter Questions

Problem 15DQ

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