Professional Documents
Culture Documents
a. Common Carriers
Sec. 4.108-2 Nos. 11 and 12 of RR No. 16-05
Sec. 4.108-3 of RR No. 16-05
b. Lease of Properties
Sec. 4.108-3 of RR No. 16-05
Lease of Residential Units [Sec. 4.109-1 (B)(q) of RR No. 1605]
c. Professional Services
d. Medical Services
Sec. 4.109-1 (B)(g) of RR No. 16-05
Philippine Healthcare Providers vs. CIR GR No. 168129 dated
April 24, 2007
8. Transactions deemed sale
a) Transfer, use or consumption not in the course of business of goods/properties
originally intended for sale or use in the course of business
b) Consignment of goods if actual sale not made within 60 days from date of
consignment
c) Retirement from or cessation of business with respect to inventories on hand
9. Change or cessation of status as VAT-registered person
a) Subject to VAT
(i)
Change of business activity from VAT taxable status to VAT-exempt status
(ii)
Approval of request for cancellation of a registration due to reversion to
exempt status
(iii)
Approval of request for cancellation of registration due to desire to revert to
exempt status after lapse of 3 consecutive years
b) Not subject to VAT
(i)
Change of control of a corporation
(ii)
Change in the trade or corporate name
(iii)
Merger or consolidation of corporations
10. VAT on importation of goods
a) Transfer of goods by tax exempt persons (Sec. 107 B)
11. VAT on sale of service and use or lease of properties
a) Requisites for taxability
12. Effectively zero-rated sales of goods or properties
13. Zero-rated sale of good/services
a) Nature of Zero Rated Sales
b) Zero Rated Sale of Goods (Sec. 106)
c) Zero Rated Sale of Services (Sec. 108 B)
CIR vs. American Express GR No. 152609 dated June 29, 2005
CIR vs. Burmeister and Wain GR No. 153205 dated Jaunary22,
2007
CIR vs. Acesite GR No. GR No. 147295 dated February 16, 2007
TAXATION II
COURSE OUTLINE SY 2014-2015
Atty. Gail Joseph Santos
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TAXATION II
COURSE OUTLINE SY 2014-2015
Atty. Gail Joseph Santos
4