Beruflich Dokumente
Kultur Dokumente
I. MEANING OF GIFT
Sec. 104, NIRC
Pirovano v. CIR, 14 SCRA 832 (1965)
II. VALUATION OF GIFTS
Sec. 102, NIRC
VII.ADMINISTRATIVE
A. Tax Rates
Sec. 99, NIRC
D. Consequences of Non-Payment of
Donors Tax
Secs. 248- Sec. 249, NIRC Sec. 95, NIRC
Sec. 97, NIRC
Week 3
VALUE-ADDED TAX
I. TAXABLE TRANSACTIONS
A. In General
Sec. 105, NIRC
BIR Ruling 98-97, Aug. 28, 1997
BIR Ruling No. 18-05, Sept. 16, 2005
VAT Ruling No. 444-88
VAT Ruling No. 207-90, Nov. 8, 1990
BIR Ruling No. 10-98, Feb. 5, 1998
CIR v. Commonwealth Mgt. & Services
Corp., G.R. 125355, March 30, 2000
VAT Ruling No. 26-97, April 1, 1997
Tourist Trade and Travel Corp. v. CIR, CTA
Case No. 4806, Jan. 19, 1996
BIR Ruling No. 113-98, July 23, 1998
Magsaysay Lines, Inc. v. CIR, CTA Case
No. 4353, April 27, 1992, aff. in G.R.
No. 146984, July 28, 2006
Lapanday Foods Corp. v. CIR, CTA Case
No. 7097, Oct. 18, 2007
CS Garments, Inc. vs. Commissioner of
Internal Revenue, CTA Case No. 6520
dated
January 4, 2007
Kepco Ilijan Corporation v CIR, CTA Case
No. 8091, October 23, 2012
B. Sale of Goods or Properties
1. Transactions Covered
a. Actual Sale
Sec. 106(A)(1), NIRC, as amended by
Rep. Act. No. 9337
BIR Ruling 424-2014
b. Transactions Deemed Sale
Sec. 106(B), NIRC, as amended by Rep.
Act No. 9337
Sec. 4.106-7, Rev. Regs. No. 16-2005,
Sept. 1, 2005, as amended by Rev.
Regs. No. 4-2007, Feb. 7, 2007
c. Changes in or Cessation of Status of
a VAT-Registered Person
Sec. 106(C), NIRC, as amended by Rep.
Act. No. 9337
Sec. 4.106-8, Rev. Regs. No. 16-2005,
Sept. 1, 2005, as amended by Rev.
Regs. No. 4-2007, Feb. 7, 2007
D. Exempt Transactions
Sec. 109(1), NIRC, as amended by Rep.
Act. No. 9337
1. Coverage of Exemption
a. General Rule
Philippine Acetylene Co., Inc. v. CIR, 20
SCRA 1056 (1967)
Phil. National Police Multi-Purpose
Cooperative, Inc. v. CIR, CTA Case
No. 4845, March 10, 1994
BIR Ruling No. 155-98, Oct. 21, 1998
BIR Ruling No. 47-99, April 13, 1999
VAT Ruling No. 009-07, June 21, 2007
BIR Revenue Regulation No 16-2011,
effective January 1, 2012
b. Exception
CIR v. John Gotamco & Sons, Inc., 148
SCRA 36 (1987)
Maceda v. Macaraig, Jr., 223 SCRA 217
(1993)
2. Waiver of VAT Exemption/Election to
be Subject to VAT
Sec. 109(2), NIRC, as amended by Rep.
Act No. 9337