Non-VAT individual and corporate taxpayers are exempted from the percentage tax on VAT-exempt persons if they...
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Non-VAT individual and corporate taxpayers are exempted from the percentage tax on VAT-exempt persons if they avail of the 8% income tax rate. O True O False The transport of goods or cargoes from the Philippines to a foreign country by a foreign carrier is subject to 3% international carrier's tax. O True O False Both the person issuing and the one to whom the document is issued may be made liable to documentary stamp tax. O True O False The reason for requiring that taxpayers be informed in writing of the facts and law on which the assessment is made is the constitutional guarantee that no personal shall be denied the equal protection of the laws. O True O False Non-VAT individual and corporate taxpayers are exempted from the percentage tax on VAT-exempt persons if they avail of the 8% income tax rate. O True O False The transport of goods or cargoes from the Philippines to a foreign country by a foreign carrier is subject to 3% international carrier's tax. O True O False Both the person issuing and the one to whom the document is issued may be made liable to documentary stamp tax. O True O False The reason for requiring that taxpayers be informed in writing of the facts and law on which the assessment is made is the constitutional guarantee that no personal shall be denied the equal protection of the laws. O True O False
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Non V AT individual and corporate taxpayers are exempted from the percentage tax on VAT exempt perso... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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