記憶度
7問
19問
0問
0問
0問
アカウント登録して、解答結果を保存しよう
問題一覧
1
Form of consumption tax
Business Tax
2
Acquisition or Utilization of goods
Consumption
3
Levied without regard to the purpose of the purchaser.
Consumption
4
Rationale of Consumption Tax
Savings Formation, Rationalization of the Benefit Received Theory, Wealth redistribution to society
5
Normally destined toward consumption
Income
6
Capital that is useful in funding projects
Savings
7
Characteristics of Income Tax
Tax upon receipt of income, A tax to the capable, Ability to pay theory
8
Characteristics of Consumption Tax
Tax upon usage of Income or capital, A tax to all, Benefit Received Theory
9
Types of Consumption Tax
Percentage Tax, Value Added Tax, Excise Tax
10
Types of Consumption
Domestic Consumption, Foreign Consumption
11
Types of Domestic Consumption as to Taxability
Exempt Consumption, Consumption specifically subject to percentage tax, Vatable Consumption
12
Directly computed on the landed cost
VAT on importation
13
Theoretically imposed on the value added
VAT on sales in Business Tax
14
Only goods and services destined for consumption in the Philippines
Destination Principle
15
Goods that cross the border destined for foreign country.
Cross-Border Doctrine
16
Types of Domestic Consumption as to source
Domestic Sales, Importation
17
Consumption Tax on Domestic Sales
Business Tax
18
Consumption Tax on Importation
VAT on importation
19
Directly levied upon the buyer - IMPORTER
VAT
20
Additional imposition to VAT or percentage tax
Excise Tax
21
Purchase of goods or services by Philippine residents from non-residents seller.
Importation
22
Types of Consumption Tax on Importation
VAT on Importation, Final Withholding VAT
23
VAT on Importation Object Consumption: Imposed upon: Statutory Taxpayers: Nature: Tax Basis: Collecting Agency: Timing of Payment:
Goods, Importer/Buyer, Direct Consumption Tax, Landed Cost, Bureau of Custom, Before withdrawal of goods
24
Final Withholding VAT Object Consumption: Impose upon: Statutory Taxpayers: Nature: Tax basis: Collecting Agency: Timing of Payment:
Services, Foreign Service Providers, Resident purchaser of the service, Indirect Business Tax, Contract Price, Bureau of Internal Revenue, After the month of payment
25
Import of Goods
Exempt Importation, Vatable Importation
26
4 Exempt Importation
Importation of exempt goods, Importation by VAT-exempt persons, Quasi-Importation, Importation which are exempt under special laws and international agreement
27
Example of exempt agricultural or marine food products in original state
Grapes, apples, oranges, and other fruits, Vegetables, tea, ginseng, Rice, corn, coffee beans, and other edible farm products, Marine foods such as fish and crustaceans, Poultry and Livestock, Milks, eggs, and meat for human consumption
28
Meaning of Simple Processing
Acts of preparation for the market, Acts of preservation, Acts of packaging
29
Examples of Simple Acts of Preparation
Boiling, Broiling, Husking, Roasting, Stripping, Grinding
30
Example of simple acts of preservation
Freezing, Drying, Smoking, Salting
31
Not processing as it does not alter the nature of the products
Packaging
32
Packaging using advanced technology
Shrink wrapping in plastics, Vacuum packing, Tetra-packing, Other similar packaging methods
33
Nature of Business Tax
Relative Consumption Tax, Indirect Tax, Privilege Tax, National Tax
34
Types of Business Tax
Value Added Tax, Percentage Tax, Excise Tax
35
Procedures of Business Taxation (EIDCDD)
Evaluate if the sales activity qualifies as a business, Identify the taxable person, Determine the activity type, Classify the sales or receipts, Determine taxpayer registration type, Determine if the goods or services offered is excisable
36
Elements of Business
Habitual Engagement, Commercial Activity
37
A habitual engagement in a commercial activity
Business
38
Most Commonly known as tiangge or stalls and outlets not permanently fixed to the ground.
Privilege Stores
39
Regularity in transactions to construe the presence of a business.
Habitual Engagement
40
Engagement in the sales of goods or services for a profit.
Commercial Activity
41
The following are not business (GNEDB)
Government agencies and instrumentalities, Non-profit organizations or associations, Employment, Directorship in a corporation, Business for mere subsistence
42
Not deriving compensation income under an employer-employee relationship.
Marginal Income Earners
43
Example of Marginal Income Earners (SSSDO)
Subsistential farmers or fishermen, Small sari-sari stores, Small carinderia or "turo-turos", Drivers or operators of a single unit tricycle, Other similarly situated
44
Taxable person in business taxation
Business Taxpayers
45
Persons which are exempt taxpayers from income tax are subject to business tax
General professional partnership, Joint venture engaged in construction or oil exploration, Local water districts, Barangay Micro-business enterprise
46
Types of Business Taxpayers
VAT Taxpayers, Non-VAT Taxpayers
47
Types of Business Activities
Sale or exchange of goods or properties, Sale or exchange of services or lease of properties
48
Total amount of money or its equivalent
Gross Selling Price
49
Total amount of money or its equivalent representing the contract price.
Gross Receipts