Understanding the complexities of the BIR tax regulations can be challenging for both business owners and established corporations. One of the most critical areas to grasp is the distinction between various tax statuses, specifically VAT-exempt and zero-rated transactions. What are the Common VAT-Exempt Transactions? Under Section 109 of the Tax https://jaidenjvite.life3dblog.com/38352680/comprehensive-guide-navigating-vat-exempt-transactions-in-the-philippines