Composite and mixed supplies: composite supplies follow the principal supply's tax, mixed supplies taxed at the highest-rate component. Tax liability for composite and mixed supplies is determined by classification: a composite supply with a principal supply is treated as that principal ... Summary
Composite and mixed supplies: composite supplies follow the principal supply's tax, mixed supplies taxed at the highest-rate component.
Tax liability for composite and mixed supplies is determined by classification: a composite supply with a principal supply is treated as that principal supply for taxation, while a mixed supply is treated as the supply attracting the highest rate of tax.
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