Which is exempted from common carrier's tax?Select one:a.Animal-drawn two wheeled vehicles regardless of quarterly gross receiptsb.Auto calesas operated in cities with quarterly gross receipts of not more than Php 2,000c.Cars for rentd.Jeepneys operated in the provinces with quarterly gross receipts f no more than Php 2,000
Question
Which is exempted from common carrier's tax?Select one:a.Animal-drawn two wheeled vehicles regardless of quarterly gross receiptsb.Auto calesas operated in cities with quarterly gross receipts of not more than Php 2,000c.Cars for rentd.Jeepneys operated in the provinces with quarterly gross receipts f no more than Php 2,000
Solution
The correct answer is b. Auto calesas operated in cities with quarterly gross receipts of not more than Php 2,000. This is because the common carrier's tax is typically applied to vehicles that are used for public transportation, and the auto calesas that fall under this category are exempted if their quarterly gross receipts do not exceed
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