VAT- OF AGRICULTURAL AND MARINE FOOD Multipurpose coop TA IMPOSED VAT EXEMPT

PRODUCTS, LIVESTOCK AND POULTRY -from lending acts EXEMPT EXEMPT

Not in the CGT
-from non lending VATABLE VATABLE ordinary Real properties – -in general
A.  Sale or importation of agricultural and marine food act course of capital assets
products in their original state, livestock and poultry of Non-agri, Non- business
or king generally used as, or yielding or producing electric, non- Ordinary VAT
foods for human consumption; and breeding stock and lending/ non-credit course of -*sale of residential
genetic materials therefo business house and lot ad *sale of
coop residential
*original state – simple processes/ technological other dwellings =
**contribution more than 3,199,200 house and lot &
means of packaging /member *=<15K *sale of parking lots other dwellings
*sale of marinated fish – VAT *>15K EXEMPT EXEMPT *sale of commercial = not more than
*livestock/poultry does not include fighting cocks, VATABLE VATABLE lots 3,199,200
race horses, zoo animals, other pets *others specified *sale of real
Electric coop VATABLE VATABLE under the law property for
B.  Sale or importation of fertilizers; seeds, seedlings and
VATABILITY – LABORATORY SERVICES socialized
fingerlings; fish, prawn, livestock and poultry feeds,  housing
-specialty feeds – VAT(non-agri feeds - fighting
G. Medical, dental, hospital and veterinary services
cocks, race horses, zoo animals, other pets)
except those rendered by professionals;
F. Sales by agricultural contract growers(producing for VATABILYT OF LEASE OF RESIDENTIAL UNITS - Q
others) and milling for others of palay into rice, corn into
grits and sugar cane into raw sugar; Exempt VAT
*lab services, hospital LEASE OF RESIDENTIAL UNITS
bills Monthly rental = <15K Vat Exempt
Toll Processing Services *drugstore in a hospital *drugstore in a hospital
VAT exempt VATABLE -inpatient &included sa Monthly rental = >15K Annual receipts >3M less
- if the service is for -activity done bill -outpatiens &not receipts from units of
the client from which independently of
included sa bill <15K
growing of animals growing poultry
- inpatient &included =VAT
were contracted
sa bill
VAT – COOPERATIVES (L, M, N) Annual receipts <3M
*Services of Professional Practitioners=VAT if gross
=OPT (Sec 116)
MEMBERS NON-
fees>3M
MEMBERS
Agricultural Coop -Exempt -import of VATABILITY OF EDUCATIONAL SERVICES
LEASE OF COMMERCIAL UNITS
equipment -subject to vat OPT
*sales of EXEMPT EXEMPT H.  Educational services rendered by private educational
institutions, duly accredited by (DepED), (CHED), the regardless of rentals *Lessor is non-VAT-
cooperatives own registered
produce (processed (TESDA) and those rendered by government educational
institutions *Annual Gross receipts <3
or original state M
*other than the EXEMPT VATABLE
cooperatives own *seminars, in-service training, review classes and others –
*exempt if
produce (traders) VAT
original
state VATABILITY OF TRANSPORT OPERATIONS
VATABILITY OF SALES OF REAL PROPERTIES -P by international carriers doing business in Phil
Credit or
S. International Carrier (resident foreign corps.) (BB) Sale or importation of the following beginning established in the Philippines by multinational
January 1, 2021 to December 31, 2023:  corporations which act as supervisory, communications
Transport of Originating in the and coordinating centers for their affiliates, subsidiaries or
Philippines *Capital equipment, its spare parts and raw materials, branches in the Asia-Pacific Region and do not earn or
Passengers VAT exempt necessary for the production of personal protective derive income from the Philippines;
Cargo of goods VAT exempt but equipment
Common Carriers Tax (ii)All drugs, vaccines and medical devices -directly used
for the COVID-19; (K) Transactions which are exempt under international
(iii) Drugs for COVID-19 for use in clinical trials agreements to which the Philippines is a signatory or
Domestic Common Carriers
-approved by the (FDA) under special laws, except those under Presidential
- DTI shall certify that such equipment, spare parts or raw Decree No. 529; [55]
Transport of Within the Phil or
Philippines Abroad materials for importation are not locally available or
insufficient in quantity, (O) Export sales by persons who are not VAT-registered;
Passengers
*by land P) Sale of real properties not primarily held for sale to
*by air or sea PT-Common carrier 0%
tax VAT (CC) Sale or lease of goods or properties or the customers or held for lease in the ordinary course of trade
VAT 0% performance of services other than the transactions or business or real property utilized for low-cost and
VAT mentioned in the preceding paragraphs, the gross annual socialized housing as defined by Republic Act No. 7279,
Cargo/Goods VAT 0% sales and/or receipts less than 3M otherwise known as the Urban Development and Housing
VAT Act of 1992, and other related laws, residential lot valued
at One million pesos (P1,500,000) and below, house and
OTHERS EXEMPT FROM VAT lot, and other residential dwellings valued at Two million
T) Sale, importation or lease of passenger or cargo five hundred thousand pesos (P2,500,000)
vessels and aircraft, including engine, equipment and (C) Importation of personal and household effects
spare parts thereof for domestic or international transport (R) Sale, importation, printing or publication of books, and
belonging to the residents of the Philippines returning
operations any newspaper, magazine, journal, review bulletin, or any
from abroad and nonresident citizens coming to resettle in
such educational reading material covered by the
the Philippines: Provided, That such goods are exempt
(U) Importation of fuel, goods and supplies by persons UNESCO Agreement on the Importation of Educational,
from customs duties under the Tariff and Customs Code
engaged in international shipping or air transport Scientific and Cultural Materials, including the digital or
of the Philippines;
operations: Provided, That the fuel, goods, and supplies electronic format ther
shall be used for international shipping or air transport D) Importation of professional instruments and
operations; (V) Services of bank, non-bank financial intermediaries
implements, tools of trade, occupation or
performing quasi-banking functions, and other non-bank
employment, [95] wearing apparel, domestic animals, and
financial intermediaries;
VATABILITY OF PRESCRIPTION DRUGS AND personal and household effects belonging to persons
MEDICINE; COVID ITEMS coming to settle in the Philippines or Filipinos or their
(W) Sale or lease of goods and services to senior citizens
families and descendants who are now residents or
and persons with disability, as provided under Republic
citizens of other countrie
Act Nos. 9994 (Expanded Senior Citizens Act of 2010)
(AA) Sale of or importation of prescription drugs and
and 10754 (An Act Expanding the Benefits and Privileges
medicines for:  (E) Services subject to percentage tax under Title V;
of Persons With Disability), respectively; [95]
(i) Diabetes, high cholesterol, and hypertension beginning
January 1, 2020; and  (I) Services rendered by individuals pursuant to an
(X) Transfer of property pursuant to Section 40(C)(2) of
(ii) Cancer, mental illness, tuberculosis, and kidney employer-employee relationship;
the NIRC, as amended; [95]
diseases beginning January 1, 2021
(J) Services rendered by regional or area headquarters
(Y) Associations dues, membership fees, and other
assessments and charges collected by homeowners’
associations and condominium corporations; [95]

(Z) Sale of gold to the Banko Sentral ng Pilipinas (BSP)