Business & Transfer Taxes
Donor's Tax
Donation is an act of liberality whereby a person disposes gratuitously of a thing or right in favor of another, who accepts it (Article 725, Civil C…
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Business & Transfer Taxes
Estate Tax
Succession is a mode of acquisition by virtue of which the property, rights and obligations to the extent of the value of the inheritance, of a perso…
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Business & Transfer Taxes
Value-Added Tax
Nature and Characteristics of Value-Added Tax Value-Added Tax (VAT) is a form of sales tax.
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Business & Transfer Taxes
Percentage Tax
Nature and Characteristics of Percentage Tax A percentage tax is a national tax measured by a certain percentage of the gross selling price or gross …
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