A little bit of this and a little bit of VAT (Value Added Tax)
The nature and characteristic of Value Added Tax (VAT) is that it is a “business tax levied on the value added on certain goods, properties and services in the domestic market and/or importer of goods” The case of Tolentino v. Secretary of Finance shows the nature of Value Added Tax.… Read MoreA little bit of this and a little bit of VAT (Value Added Tax)