The Valrose estate hosts the annual conference of a trade federation and sends it a total invoice of EUR 20,400. This total includes VAT of EUR 1,800 collected for the State and a tourist tax of EUR 600 collected on behalf of the municipality; the balance remunerates the accommodation and catering provided by Valrose. Compute Valrose's transaction price.
- Total amount invoiced
- 20,400
- VAT collected for the State
- 1,800
- Tourist tax collected for the municipality
- 600