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