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"TRAIN aims to clean up the VAT system to make it fairer and simpler and lower the cost of compliance for both the taxpayers and tax administrators". [25] As such, VAT exemptions are now only limited to health, education and raw agriculture food. In 2019, medicines for hypertension, high cholesterol and diabetes will be exempted from VAT.
Business class passengers also receive priority boarding. That's right; you get to skip the long line and make your way to your far more comfortable seat near the front of the plane.
Percentage tax is a business tax imposed on persons or entities/transactions: who sell or lease goods, properties or services in the course of trade or business and are exempt from value-added tax (VAT) under Section 109 (w) of the National Internal Revenue Code, as amended, whose gross annual sales and/or receipts do not exceed Php 3,000,000 ...
[98] [99] [100] However, two states enacted a form of VAT in lieu of a business income tax. Michigan used a form of VAT known as the "Single Business Tax" (SBT) from 1975 until voter-initiated legislation repealed it, replaced by the Michigan Business Tax in 2008. [101] Hawaii has a 4% General Excise Tax (GET) that is charged on gross business ...
The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playing field with ...
Airlines are bringing the barebones basic economy experience to business class. "Business Light" fares are cheaper but can lack perks like lounge access or early seat selection.
The seat pitch of business-class seats ranges from 38 to 79.5 in (97 to 202 cm) (usually 55–62 in (140–160 cm)), and the seat size of business-class seats range from 17.5 to 34 in (44 to 86 cm) (usually 20–22 in (51–56 cm)).
He said yes assuming that her husband was sitting somewhere else in business class, at which point the woman casually revealed that her husband’s seat was actually 18B — a middle seat in economy.