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Amusement Tax not VAT for Night & Day Clubs and Cabarets

March 17, 2010

The proprietors, lessees or operators of cabarets, night or day clubs are  subject to BIR’s 18% amusement tax and not to the 12% VAT on gross receipts.   (more…)

Posted by birtaxinfo at 11:03 am | permalink | Add comment

Property Developers Happy Days are Over

Happy days for property Developers are over. March 8, 2010, CIR Commssioner Joel L. Tan-Torres signed the unnumbered Revenue Memorandum Circular declaring BIR Ruling DA–245-2005 dated June 7, 2005, null and void.

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Posted by birtaxinfo at 10:57 am | permalink | Add comment