BUSINESS AND TRANSFER TAXATION 5th Edition (BY: VALENCIA & ROXAS) SUGGESTED ANSWERS Chapter 8: BUSINESS TRANSACTIONS CHAPTER 8. BUSINESS AND TRANSFER TAXATION 5th Edition (BY: VALENCIA & ROXAS) SUGGESTED ANSWERS Chapter 9: BUSINESS TAXES CHAPTER 9. BUSINESS AND TRANSFER TAXATION 5th Edition (BY: VALENCIA & ROXAS) SUGGESTED ANSWERS Chapter 6: DONOR’S TAX 28 CHAPTER 6 DONOR’S.
|Published (Last):||11 January 2015|
|PDF File Size:||5.2 Mb|
|ePub File Size:||17.26 Mb|
|Price:||Free* [*Free Regsitration Required]|
BIR Form Q — for quarterly income tax return c. April 15, August 15, and November 15 for the first 3 quarters and April 15 of the following year for the annual tax return.
Log In Sign Up. Remember me on this computer. Documentary stamp tax P4, x 1.
On or before the 20 of each month BIR Form b. This is incorrect because the all properties of a Filipino citizen situated within and outside the Philippines are object of Philippine estate tax.
Letter B Subject to business tax is P6, False — it is the other way around.
Solution manual transfer and business taxes by valencia CHAPTER 3 GROSS ESTATE
False — electronic filing and payment is required only to large taxpayers. Documentary stamp tax P3, 2.
False — Only sales within are subject to business tax in the Philippines. Problem 1—12 A a. False — monthly payment is both on the 20 of the next month. False — When there is loss, business tax is paid but no income tax. BIR Form — for business tax b.
Solution manual transfer and business taxes by valencia CHAPTER 3 GROSS ESTATE – Tài liệu text
Dates of filing and payments: Cost of sales P2, Sale of scrap materials 30, 2, Total amount subject to business tax P5, Problem 1—8 C Cancellation of indebtedness from: Capital gains tax P3, c. False — should be at least P1, per year.
Enter the email address you signed up with and we’ll email you a reset link. Taxpayer is a resident citizen a. False — the requirement is P, in any quarter of the preceding year. buiness
False — Donation is without consideration; hence, not onerous transfer. Taxpayer is nonresident alien a. Gross income P10, — P6, P4, Less: False — on the 20 of the month following the taxable month. The administrator of JC does not need to file and pay the Philippine estate valebcia-roxas because his properties are not situated in the Philippines.
True — one for the first quarter and the other is the annual ITR. Skip to main content. False — citizens whether resident or nonresident are subject to transfer tax within.
False — Sale of family home is not subject to business tax because a family home is not business asset. Alien Sales 3, 2, 3, 3, 3, Gross income, 1,, 1. Help Center Find new research papers in: Problem Problem Problem 1.
True Problem 1. Professional income within P, Less: Regular income tax professional income — within P, d. P3, Problem 1—15 1. False — there is no double taxation because income tax is different from business tax. False — professional tax is collected by the local government. False — only income earned within will be taxable against resident alien Click here to sign up. Only sales within are subject to business tax.