Stock market is a good game of money and risk as it deals a level of some strategy and know-how to make money. In here, the process is simple. The main objective is to see to it that the selling price of listed shares are moving positively in the stock market to decide on holding or selling. The higher the market, the better, as the yield or gain would be higher.

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?

This post covers tax implications of renting residential dwellings such as an apartment, condominium unit, and a house and lot in both sides-the lessor or owner and the lessee or tenant. Tax implication would depend on the monthly rental of such units. For every lease contract, a documentary stamp tax (DST) at the rate of [...]