6. Which is considered engaged in business even if not regularly engaged in trade? a.

A non-resident seller who exports to the

6 A
7 B
8 B
9 D
10 A
-resident seller who exports to the Philippines b. An importer who imports goods into the Philippines c. A seller who makes a one-time sal
A seller who makes a one-time sale of real property d. Any seller who sells goods or services at a price above P100,000 during the year 7.
bove P100,000 during the year 7. Which of the following are considered engaged in business? A. Government agencies B. Non-profit orga
nment agencies B. Non-profit organization C. Sales agents D. Consultants a. A and B b. C and D c. B and C d. None of these 8. Which of thes
d. None of these 8. Which of these is always presumed to be made in the course of business; hence, it is subject to business tax under the
s subject to business tax under the regulations? a. Export sales b. Importation c. Domestic sales d. All of these 9. The business tax on exem
these 9. The business tax on exempt sales is a. VAT b. Percentage tax c. A or B d. None of these 10. The consumption tax on importation i
consumption tax on importation is a. VAT b. Percentage tax c. A or B d. None of these