Ferremaro, Inc., a manufacturer of handcrafted shoes, maintains its principal office in Cubao, Quezon City. It has branches/sales offices in Cebu and Davao. Its factory is located in Marikina City where most of its workers live. Its principal office in Quezon City is also a sales office.
Sales of finished products for calendar year 2009 in the amount of P10 million were made at the following locations:
| i) | Cebu branch | 25% |
| ii) | Davao branch | 15% |
| iii) | Quezon City branch | 60% |
| Total | 100% |
Where should the applicable local taxes on the shoes be paid? Explain. (3%)
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