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    Part 1 of Chapter 5

    Uploaded by

    RB Janelle YT
    The document contains 15 multiple choice questions testing knowledge of percentage tax rates that apply to different types of domestic and international transport services in the Philippines. The questions cover topics like what services are subject to percentage tax rates ranging from 1/2 of 1% to 30%, which domestic carriers are specifically subject to percentage tax, whether international carriers pay percentage tax or VAT on different transport activities, and which transport services provided by domestic sea and air carriers are subject to VAT.

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    Part 1 of Chapter 5

    Uploaded by

    RB Janelle YT
    500 views3 pages
    The document contains 15 multiple choice questions testing knowledge of percentage tax rates that apply to different types of domestic and international transport services in the Philippines. The questions cover topics like what services are subject to percentage tax rates ranging from 1/2 of 1% to 30%, which domestic carriers are specifically subject to percentage tax, whether international carriers pay percentage tax or VAT on different transport activities, and which transport services provided by domestic sea and air carriers are subject to VAT.

    Original Description:

    CHAPTER 5 OF BUSINESS AND TRANSFER TAXATION

    Original Title

    PART 1 OF CHAPTER 5

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    The document contains 15 multiple choice questions testing knowledge of percentage tax rates that apply to different types of domestic and international transport services in the Philippines. The questions cover topics like what services are subject to percentage tax rates ranging from 1/2 of 1% to 30%, which domestic carriers are specifically subject to percentage tax, whether international carriers pay percentage tax or VAT on different transport activities, and which transport services provided by domestic sea and air carriers are subject to VAT.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    500 views3 pages

    Part 1 of Chapter 5

    Uploaded by

    RB Janelle YT
    The document contains 15 multiple choice questions testing knowledge of percentage tax rates that apply to different types of domestic and international transport services in the Philippines. The questions cover topics like what services are subject to percentage tax rates ranging from 1/2 of 1% to 30%, which domestic carriers are specifically subject to percentage tax, whether international carriers pay percentage tax or VAT on different transport activities, and which transport services provided by domestic sea and air carriers are subject to VAT.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Multiple Choice - Theory: Part 1

    1. The percentage tax rates on services specifically subject to percentage tax ranges from

    a. 1/2 of 1% to 3%
    b. 1/2 of 1% to 30%
    c. 1% to 3%
    d. 1% to 30%

    2. To be subject to the general percentage tax, a taxable person must not be

    a. VAT-registered
    b Non-VAT-registered
    c. Operating below the VAT threshold.
    d. All of these

    3. Which domestic common carrier is specifically subject to percentage tax?

    a. Common carrier by land


    b. Common carrier by air
    C. Common carrier by sea
    d. All of these

    4. From which of the following sources does the 3% common carriers tax specifically apply?

    a. Transport of passengers
    b. Transport of goods
    c. Both A and B
    d. Neither A nor B

    5. The percentage tax specifically imposed on certain domestic transporters is called

    a. Common carrier's tax


    b. Skipper's tax
    c. Transporter's tax
    d. Gross receipt tax

    6. Which is not specifically subject to a percentage tax?

    a. International sea or air carrier


    b. Domestic common carrier by land
    C. Domestic common carrier by sea
    d. A and B

    7. From which of the following sources is the gross receipt of an international carrier subject
    to percentage tax?

    a. Outgoing transport of passengers


    b. Outgoing transport of cargoes
    c. Incoming transport of passengers or cargoes
    d. None of these

    8. A domestic carrier which is also engaged in international transport operation is subject to

    a. VAT
    b. Percentage tax
    c. Excise Tax
    d. VAT and Percentage tax

    9. On transport of excess baggage, cargoes or mails, an international carrier shall pay

    a. Percentage tax if it is below the VAT threshold.


    b. Percentage tax even if it is above the VAT threshold.
    c. VAT regardless of whether it is below or above the VAT threshold.
    d. no business tax.

    10. Which is a VAT-exempt receipt to a bus operator?

    a. Receipts from passengers


    b. Receipt from cargoes
    c. Receipt from baggage
    d. None of these

    11. To an operator of a domestic sea transport vessel, which of the following is vatable?

    a. Fares from passengers


    b. Fares from baggage
    c. Fares from cargoes and mails
    d. All of these

    12. To an international carrier, which is subject to percentage tax?

    a. Transport of passengers
    b. Transport of cargoes, mails or baggage
    c. A and B
    d. Neither A nor B

    13. Which is not specifically subject to common carrier's tax?

    a. Bus
    b. Taxi
    c. Jeepney
    d. Truck

    14. Which is more likely exempt from business tax?

    a. Tricycle
    b. Jeepney
    c. Car for hire without chauffeur
    d. Pedicab

    15. To an operator of a domestic aircraft, which is vatable?

    a. Fares from passengers


    b Fares from baggage
    c. Fares from cargoes and mails
    b. All of these

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