VAT Number Philippines VAT registration number of the vendor Taxable Month Month of transaction Gross Purchases Gross amount of the exempt, zero, and standard-rated purchases Exempt Purchases Purchases with exempt rate Zero-rated Purchases Purchases with zero rate Services Standard purchases of ...
*As a withholding tax agent, you must deduct 1% of the value of payments for purchases of goods and 2% for the purchases of services (EWT) from all local suppliers and withhold tax from non-resident doing business in the Philippines. Who are the withholding tax agents? A Withholding Agent ...
Quarterly returns include output VAT on sales for the entire quarter, input VAT for purchases for the entire quarter, and any input VAT carried over from the previous quarter. These returns are due no later than the 25th day of the month after the end of the quarter. ...
Taxable base of the exempt supplies and exempt intra-community acquisitions Net amount of purchases EZ-BG, Net amount of sales E-BG 19 Section B: Data about exercised right to VAT Credit Taxable base and VAT of the supplies received, Intra-community acquisitions, supplies received under Art...
• In the case of a destruction of the CMT raw materials or faulty products, the enterprise shall notify the General Department of Taxation in advance to be exempt from the 10% VAT obligation. B. Input VAT • Input VAT paid on local purchases of goods or services for CMT activities ...
Philippines • Updated deadline for the processing of pending VAT refund/credit claims Vietnam • New circular amending VAT regulations • Guidance on implementation of e-invoicing E-commerce developments • China – New tax policy for goods imported through cross border e-commerce retail ...
a) not exempt within the territory 436 Box 741 + 941 + 743 + 943 + 745 + 945 + 431 462 Box 742 + 942 + 744 + 944 + 746 + 946 + 432 rate of 17% 741 Net amount of purchases ESSP-LU (editable field) 742 Notional purchase tax amount ESSP-LU (editable field) 16...
Notional tax amount of purchases RC-PL 16. The amount of tax payable on goods and services covered by the census of the nature referred to in Article 14 paragraph 5 of the Act 36 Editable text 17. return deducted or refunded the amount spent on the purchase of cash registers, referre...