Can I read VAT Regulations No. 16-2005 Overview on EtoBox?

VAT Regulations No. 16-2005 Overview by Mark Lester Lee Aure is a document available to read on EtoBox.

What is VAT Regulations No. 16-2005 Overview about?

The document is the Revenue Regulations No. 16-2005 issued by the Philippine Department of Finance concerning consolidated value-added tax regulations. It covers the persons liable for VAT, the nature and characteristics of VAT as a tax on consumption levied on sales and imports, and the basis and rate of VAT. Key points covered include that VAT is imposed at 10% of the gross selling price on the sale of goods, properties, and services in the Philippines, as well as imports, with some exceptions for zero-ra

Author

Mark Lester Lee Aure

Language

EN