As to taxability, it is either VATable or non-VATable. If VATable, it maybe subject to 12% regular rate or 0% under certain conditions. On the other hand, if non-VATable, it maybe VAT-exempt, covering those which are not subject to VAT but subject to other percentage tax (OPT) of 3%, or those which are neither subject to VAT nor to OPT. Seems so confusing, right?

One mid-April 2009 evening while I was on my friendster account, I happen to view a personal blog of a friend (rtfverterra.com) and that fascinates me to explore the wonderful world of modern day blogging. Such blog further brought me to his educational site – mathalino.com and this brought me an idea of making my [...]

I am proud to announce that I have already made material upgrade and updates on my tax site (blog), the pinoytaxation.com. This is the fruit of my extensive hours of exploration and sincere intention to learn and develop a site has further developed after a lot of patience on exploring and learning about [...]