INSTRUCTIONS:

Use this website to share your legal mind. Please feel free to post your Suggested Answers to these Bar Questions. You can also view and response to the opinions of others.

3.NIRC

(5%)
What kind of taxes, fees and charges are considered as National Internal Revenue Taxes under the National Internal Revenue Code (NIRC)?

1 comment:

Anonymous said...

III.

The kind of taxes, fees, and charges considered as National Internal Revenue Taxes under the National Internal Revenue Code are as follows:

1. Income tax;
2. Estate and donor’s tax;
3. Value-added tax;
4. Other percentage taxes;
5. Excise taxes on certain goods;
6. Documentary stamp tax.