Tax Waze by Bustamante Lozada and Associates
Taxes on Small Business Establishments - Printable Version

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Taxes on Small Business Establishments - admin - 06-02-2019

Stores or retailers with fixed business establishments with gross sales or receipts for the preceding calendar year of Php50k or less (for barangays in cities) and Php30k or less (for barangays in municipalities) are subject to a tax at rate not exceeding 1% of such gross sales or receipts (Sec 152, LGC).