TAXATION - VAT | Super Survey Maker

Yes, because all his transactions are VAT-subject.

No, because she is not VAT-registered and her aggregate gross sales and receipts do not exceed the VAT threshold amount.

Yes, because once a tax payer has several business, she is automatically subject to VAT

No, all her transactions are not VAT-subject

Percentage tax on VAT-excemt persons

Percentage tax on domestic common carriers

Percentage tax on franchise grantees

None of the choices

Yes, Any person who is VAT exempt under section 109 (w) not required to register for VAT may elect to be VAT-registered optionally under VAT system.

No, Any person who is VAT exempt cannot opotionally register her transaction which would have been exempt from VAT under the VAT System

Yes, As a rule it is mandatory for all taxpayers with several VAT subject transactionto register them the VAT System

No, it is unwise to registered because the taxpayer cannot claim input tax credits

Input tax from non VAT register suppliers

Input tax from purchase of direct labor

Input taxes from importation of goods

Input taxes from importation of of personal and house hold effect

Services rendered by artists, actors and athletes

Services rendered by professionals such as CPAs, Physicians and Lawyers

Services rendered by international shipping or air and passenger trasport operations

Generation, transmission and distribution of electricity

TAXATION - VAT