Introduction to Business Tax | Basics of Percentage Tax and VAT

This video explains the basic tax compliances of business taxes in the Philippines. It an introduction to percentage tax and value added tax (VAT).

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Time Stamps:
00:00​ Intro
00:22 Business Taxes Defined
01:06 Percentage Tax
02:02 Value Added Tax
03:34 Optional Income Tax rate
04:46 Other Compliances
05:21 Outro

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Hashtags
#businesstax #percentagetax #vat #inputvat #outputvat #createlaw #trainlaw #bir #philippines #overview #introduction

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Disclaimer:
This video is mainly for academic purposes and is not a substitute in doing your due diligence. For highly technical tax issues, you are advised to seek professional assistance or contact BIR for proper tax compliance.