^
+ Follow CROSS BORDER DOCTRINE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 820192
                    [Title] => EDC supports measures on granting incentives
                    [Summary] => 

The Export Development Council (EDC) has expressed its support to the legislative measure that seeks to ensure continuous granting of investment incentives.

[DatePublished] => 2012-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [1] => Array ( [ArticleID] => 176215 [Title] => Outbound goods and services [Summary] => Solid Shipping Lines Corp. wants to know if its transshipment services to NYK Shipping Lines, a foreign shipping company, may qualify for zero percent value-added tax.

Only outbound transshipment of goods or cargoes benefit from zero percent VAT.

In VAT ruling no. 062-98 dated December 15, 1998, it was held that:
[DatePublished] => 2002-09-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [2] => Array ( [ArticleID] => 175342 [Title] => Applying for zero-rated VAT [Summary] => Sonnets Food and Catering Services wants to know if there is a need to apply for zero-rated VAT on its sale of services.

Sonnets is a VAT registered single proprietorship based at the Mactan Economic Processing Zone in Cebu. The company provides meals for LEAR Corp. (formerly known as United Technologies Automotive (Phils), Inc.), which is also located at MEPZ. Because it is registered with the Philippine Economic Zone Authority, LEAR is subject to the 5% tax on gross income earned, in lieu of all taxes (except real property taxes) under RA No. 7916 as amended by RA No. 8748. [DatePublished] => 2002-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) ) )
CROSS BORDER DOCTRINE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 820192
                    [Title] => EDC supports measures on granting incentives
                    [Summary] => 

The Export Development Council (EDC) has expressed its support to the legislative measure that seeks to ensure continuous granting of investment incentives.

[DatePublished] => 2012-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [1] => Array ( [ArticleID] => 176215 [Title] => Outbound goods and services [Summary] => Solid Shipping Lines Corp. wants to know if its transshipment services to NYK Shipping Lines, a foreign shipping company, may qualify for zero percent value-added tax.

Only outbound transshipment of goods or cargoes benefit from zero percent VAT.

In VAT ruling no. 062-98 dated December 15, 1998, it was held that:
[DatePublished] => 2002-09-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [2] => Array ( [ArticleID] => 175342 [Title] => Applying for zero-rated VAT [Summary] => Sonnets Food and Catering Services wants to know if there is a need to apply for zero-rated VAT on its sale of services.

Sonnets is a VAT registered single proprietorship based at the Mactan Economic Processing Zone in Cebu. The company provides meals for LEAR Corp. (formerly known as United Technologies Automotive (Phils), Inc.), which is also located at MEPZ. Because it is registered with the Philippine Economic Zone Authority, LEAR is subject to the 5% tax on gross income earned, in lieu of all taxes (except real property taxes) under RA No. 7916 as amended by RA No. 8748. [DatePublished] => 2002-09-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) ) )
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