6. It is a compulsory contribution to state revenue, levied by the government on
vorkers income and business profits.
7. It is paid by the entities exempt from VAT with gross annus sale not exceeding a
imit prescribed by the BIR of 3%.
8. This is imposed on the sale of capital assets such as real estate properties and
stocks.
9. It refers to a tax on sale, lease and importation of goods and services of 12%.
10. It is the common tax filed by employed and self-employed individuals.
vorkers income and business profits.
7. It is paid by the entities exempt from VAT with gross annus sale not exceeding a
imit prescribed by the BIR of 3%.
8. This is imposed on the sale of capital assets such as real estate properties and
stocks.
9. It refers to a tax on sale, lease and importation of goods and services of 12%.
10. It is the common tax filed by employed and self-employed individuals.
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Answer:
6. tax
7. percentage tax
8. capital gains tax
9. value added tax
10. income tax