"In the case of corporations adopting the fiscal-year accounting period, the taxable income shall be computed without regard to the specific date when specific sales, purchases and other transactions occur. Their income and expenses for the fiscal year shall be deemed to have been earned and spent equally for each month of the period.

he Value Added Tax (VAT) Reform Act (Republic Act 9337), more commonly known as the expanded VAT (E-VAT) law, was passed by Congress in May 2005. After some objections on its legality, it was finally implemented on November 1. This law provides for (i) the expansion of the coverage of the VAT, (ii) reduction in the excise tax on certain

"In the case of corporations adopting the fiscal- year accounting period, the taxable income shall be computed without regard to the specific date when specific sales, purchases and other transactions occur. Their income and expenses for the fiscal year shall be deemed to have been earned and spent equally for each month of the period.

RA 9337, or the Reformed VAT (RVAT) Law, amended the VAT Law by: (a) Authorizing the President of the Philippines upon the recommendation of the Secretary of Finance to raise the VAT rate from 10% to 12% after meeting certain conditions. RA 9337 was implemented on November 1, 2005 while the

2007年9月30日 · The Extended Value Added Tax (EVAT) Law or Republic Act. 9337 was enacted to amending Sections 27,28,34,106,107,108,109,110, 111, 112, 113, 114, 116, 117, 119, 121, 148, 151, 236, 237 AND 288 of the National Internal Revenue. It was begun and held in Metro Manila, on Monday July 26, 2004.

The document summarizes key aspects of the Value-Added Tax (VAT) Reform Law (RA 9337) in the Philippines. It explains that RA 9337 aims to raise additional government revenues to fund basic public services by imposing VAT on more goods and services and potentially increasing the …

REPUBLIC ACT NO. 9337: Committees. Committee Report No. 16. Committee Referral. View Committee Referral in Senate website. Other Details. Issuance Category. Legislative Issuance. Legislative Issuance Type. Republic Act. Bill Note. Senate Bill First in Billing. Approval Note. Approved by the President on May 24, 2005.

Republic Act No. 9337, otherwise known as the Value Added Tax Reform Law, was enacted for the purpose of generating revenue for the government in the estimated amount of @82 billion annually at 12% VAT (70% collection efficiency). One …

Find a summary and the full text of Philippine EXPANDED VAT LAW, including key provisions, amendments, and related laws. Stay informed about legal requirements and compliance.

This paper aimed to understand the Republic Act No. 9337 – The Expanded Value-Added Tax Act or also known as EVAT in the Light of Robert Nozick’s Entitlement Theory. Specifically, this study attempted to identify the main elements of Robert Nozick’s concept of distributive justice and the Philippines Expanded Value-Addded tax.