Rianne is an operator of 10 buses with routes from Manila to Subic and is likewise a transportation

contractor with 3 freight trucks. For the taxable year 2018, he reported gross receipts frim his bus
operations of P36,000,000. His gross receipts, however, from his freight of goods or cargoes amounted
only to P800,000 for the year.

1. Assuming Rianne is non vat registered, how much is his total business tax due?

a. 1,080,000 c. 1,176,000

b. 1,104,000 d. 4,416,000

2. Assuming Rianne is vat registered, how much is his total business tax due?

a. 1,080,000 c. 1,176,000

b. 1,104,000 d. 4,416,000

Galaxy Transport Corp is a holder of franchise from.the government to offer passenger and cargo
transport operations by land. Its gross receipts from passenger operations amounted to P10,000,000
while uts gross receipts from passenger operations amounted to P2,000,000.

3. How much is the franchise tax due for the month?

a. 300,000 c. 1,440,000

b. 540,000 d. 0

4. Using the same data un the preceding paragraph, how much is the total business taxes due for the
month?

a. 300,000 c. 1,440,000

b. 540,000 d. 0

5. A telephone company, VAT registered, provides services for domestic and overseas calls. What
business taxes are due from services offered?

I. VAT for domestic calls

II. Overseas communication tax for overseas calls

a. I only. c. Both I and II

b. II only. d. Neither I or II

6. One of the ff is subject to overseas commumication tax:

a. Long distance call by som from Manila to his Father in IloIlo

b. Monthly telephone bill from PLDT

c. Telephone bill on a call by a mother in the Philippines to her son in London

d. Telephone call by Magda in Hongkong to her friend in Manila

7. Smart-Globe Communications has the ff data for a particular month:

Gross Receipts, domestic calls. P5,000,000

Gross receipts, overseas calls originating from PH P3,00,000

Purchase of supplies used in connection with domestic calls net of VAT. P300,000

Purchase of equip, used in connection with both domestic calls and overseas calls, net of vat.
P800,000

Business Expense. P1,00,000

How much is the overseas communications tax collected from persons who used the
communications facilities?

a. 300,000. c. 800,000

b. 500,000. d. nil

9. Using the same data in the preceding number, how much is the VAT payable?

a. 420,000. c. 5040,000

b. 470,000. d. nil

Use the ff info for the next questions

Mr

and Mrs. Mapagbigay, made the ff donations during 2017:

 Jan25: To Oliver, their legitimate son, on account of marriage last January 20,2016, car
worth P400,000 with P200,000 unpaid mortgage, 1/2 was assumed by the donee.
 May 32: To John, brother of Mr. Mapagbigay, his capital property worth P200,000 on
account of marriage 6months ago with a condition that the donee will pay the donor's
tax thereon.
 July 15: To Felicity, daughter of Mrs. Mapagbigay to former marriage, on account of her
marriage 12 months ago. Mrs. Queen's paraphernal property worth p100,000.
  Aug 20: Conjugal car of the couple worth P400,000, with P200,000 unpaid mortgage, 1/2
assumed by Felicity and P500,000 worth of land to their four sons on account of their
graduation, 20% of which was owned by their closest friend Roy, who agreed to donate
his share through a public document.

10. The gift tax payable of Mr. Mapagbigay as of May 31, 2017 is:

a. 8,000. c. 7,200

b. 7,000. d. 6,000

11. The gift tax payable of Mr. Mapagbigay as of May 31 assuming taxable year of 2018 is:

a. 8,000. c. 7,200

b. 7,000. d. 6,000

12. The gift tax payable of Mrs. Mapagbigay as of July 15, 2017 is:

a. 3,600. c. 2,800

b. 2,600. d. 4,000

13. The gift tax payable of Mrs. Mapagbigay as of July 15 assuming taxable year of 2018 is:

a. 1,000. c. 15,000

b. 2,600. d. 0

14. The gross taxes payable of Mr. and Mrs. Mapagbigay on Aug 20,2017:

a. 69,000 & 18,800

b. 17,000 & 18,800

c. 54,000 & 15,800

d. 54,000 & 18,800

15. The gift taxes payable of Mr. and Mrs. Mapagbigay on Aug 20 assuming taxable year 2018 is:

a. 27,000 & 21,000

b. 21,000 & 27,000

c. 21,000 & 21,000

d. 6,000 & 0

16. The gift tax payable of Roy on June 20, 2017 is:

a. 30,000. c. 45,000

b. 6,000. d. 0

17. The gift tax payable of Roy on June 20 assuming taxable year 2018 is:

a. 30,000. c. 45,000

b. 6,000. d. 0

18. One of the following is correct amusement tax rate:

a. 30% jai-alai and racetracks

b. 15% on cockpits, cabarets, night and day clubs

c. 18%boxing exhibitions

d. 10% on professional basketball games

19. Philippine Basketball Association (PBA), a professional basketball league in the PH, opened its own
coliseum during April of 2018 and held all its games for the month in the newly built, state of the art
facility in Bulacan. PBA provided the fd data during the month:

Receipts from entrance fee. P9,800,000

Gross receipts from Restaurant operations.

Sale of food and beverages. P2,200,000

Sale of wines and liquor. P750,000

Expenses. P3,800,000

How much is the amusement tax for the month?

a. 1,210,000. c. 1,762,000

b. 1,320,000. d. 1,912,500

20. Based on the preceding number but suppose the restaurant is owned and operated by Bryan, a VAT
registered person, the amusement taxes of Bryan and the PBA is

a. 354,000 & 1,320,000

b. 1,320,000 & 354,000

c. 354,000 & 354,000

d. 0 & 1,470,000