— Eckiety Ponies sapln ine » Ronee a entgeng Sea ae crc rendered, TLLUSTRATION FROM THE BIR (RE No. 2-2019): ‘wher the invasive cosmetic procedures psrformes ina linc orany ps sutsdeofahospital ‘To improve her body shape, Miss X decided to undergo lipo procedure and sought the services of "Dok Salamat’ a clinic oper fuse the hospital ane owned by Melo Medical Group, Inc, Dok Sila ‘hanged Mis X the amount of P50,000 inclusive of VAT but existed excise tax. Hove much will be the total amount that Mis X will pay? Answer: P5200, computed as follows: (Odginal Price (inclusive of VAT) Gross Receipts, nt of VAT (P50,000/112%) ‘Add 5% excise tx (044,512.85 *5%) 2m, 12% VAT ((P$4,642.85+2,232.15) * 12%] _—__ ee ‘al Amount tobe collected from Miss X Peay Note 1 The 5% excise taxis based on the amount of receipts, exclusive tH VAT andere tax, 2._The amount of VAT is based on the receipt, inclusive of theexsst oat — aa TSR Tecra pas) a both 5 an expense and S penempmiencyiretcniain ane get re tat ti ate fe tae VA aun’ ose asaya et rece acm a vt “nignal Pice (inclusive of VAT and excise) eT ress Receipts, net of VAT, inchsive of excise (P.000/112%) Paseo Gros Receipts net of both excise and VAT (Pevorz86n105%) ‘Add: 5% excise tax (P42,517.01 * 5%) 12% VAT [(P#2517.0142,12585)* 12%] Total Amount to be collected fom Miss X ‘Where the procedure is performed within a hospital Same facts asin previous the above, except this ime Miss X had another invasive cosmetic procedure done by Doctor P, an individual practioner ‘operating a clinic inside a hospital. The Hospital bill of Miss X ineladed ‘ihe fees eg, supplies and fes forthe us of operatingroom and hort ‘ciites) nthe amount of P20,000 in adlitin tothe fees charged by Doctor Ff S000 (inclusive of 12% VAT, exuding xi) fr te sevice Pastor 2585 Billings by Hospital (VAT-exempt) P mon Excise Tax (5%) tetas Doctor's Fees (PS0,000/112%) a Excise Tax (54%) dso 52500 | FAT 2% * Pas 6.86%2,032.14) P 73500 ‘Titel Amount to be collected fom Miss X Scanned with CamScannerTHE TAX REVIEWER MULTIPLE CHOICE QUESTIONS 1 Which of the following is an excisable atiley a, Furniture b, Automobiles . House 4. Land Excise taxes apply on: 1 __ Imported goods IL. Goods manufactured or produced for domestic sale a. Ionly. b, Tonly. ¢. Both I and IL d. Neither I nor IL 3. Excise tax is: a. Asspecific tax b, Anad valorem tax &. A.specific tax or an ad valorem tax, depending on the subject of tax d. Neither a specific tax nor an ad valorem tax |. The excise tax on automobiles and cigarettes are: a. Both specific taxes b. Both ad valorem taxes c. Ad valorem taxes and specific taxes, respectively 4. Specific taxes and ad valorem taxes, respectively "The excise tax on invasive cosmetic procedures and non-essential goods are; Both specific taxes Both ad valorem taxes Ad valorem taxes and specific taxes, respectively Specific taxes and ad valorem taxes, respectively 648, Scanned with CamScannerErect wich ofthe flowing san excise able? eskumes Soaps Shampoo Lotion ich ofthe following is anexcisnble article? a. Mik b. Coffee Energy drink Distilled water 4_-Alofteflovng sweeteners when used n Beverages, wll mabey beverage an excise atc, except 2 Parely cai sweetener 1 Non-dlriesweetener Coconut 3p sua 4. High ucts com syrup (HECS) 9, Which ofthe following is subject to excise tax? 1 Soymike TL Powdered milk TL Infant formula milk a Tony. b. only © Monly. 4. Nether. nor Il rigs 10 Statement 1 The excise tax on sweetened beverage is imposed on yn TAX REVIEWER nich ofthe following i not an exiabe ace 1. pe vapor Products) 2 E cigaretes| Cigars Narcotics 12 Which ofthe oloning i sujet tthe ext on atone? 1 Buses I Motoreycles only. Moly. Both! and IL Neither noe I 13. Which ofthe following is not an exisabi ace? a. Sedan Limousines Yachts 4 Trucks 14, Broom Broom Group of Comparies imported an ambulance, eck and an oil tanker. Which of the above importatos hl be subject to excise ta? 4. Importation ofan ambulance 1, Importation offre truck Importation of an oil tanker 44 None, All ofthe mentioned importations are exempt 15 The excise taxon aleahol products is imposed onal ofthe flowing, except thebeverage sin gui form. & Brandy Statement 2 The exis tx on sweetened beverage canna Beis > Tuba when he Beverages sold as a concentrate & Redwine | Only Statement 1 is true, © Lager beer. . Only Statement 2st © Boshstrements rete 4. Both statements are not re. 649, a a Scanned with CamScanner—_— Erect vase cosmetic procedure st 16. Theendie avon 2 Five) percent Bh Ten 0) percent Filton (15) perent Twenty (0) perent ar. wie oft along moti roel suet exc? al Tumor rem . a Fada reconaction follosng an acces © Mammeplasty {Gaver aed ight treatments as Theexce av oninasve cosmetic procedures must be pa ight tothe operating room a Before the patient is rou Bofors the patent is cischarged from the hospital “Ten (i) days folowing the clase of the month a Jays following the close of the month 4. Toeenty G0) an arte ibs subjet to excise tax and value-added tax the 2. The VAT Bose shll ince the excise tx. 1 The excise tak tase shall inclade VAT, e The tas bases for VAT and excise tax shall be exclusive of both VAT and excise {Rveund is proper because an article that i subject to excise tx cn ‘no longer be subjected to VAT. ro ‘ 20. Who slableto py the excise taxon indigenous petroleum? 2, The taxpayer extracting the petroleum ‘The taxpayer processing the pteoleum The frst buyer or purchaser ofthe petrolourt 2. The end use ofthe petroleum 21. Generally the excze tox shall be paid 2. Belore start production ‘Before removal om the place of production Thirty (0) days from the close of the taxable quarter @stble goods were produced ‘Thiety (0) days from the clase of the taxable quartet excsable goods were sold when when ost - ye TAXREIEVER ole! woters and jewel are subject tex Five (5) percent ‘Tem (10) percent Fifteen (15) percent Twenty 20) percent 2 tmataine oe een 8 on Inport god salle is BM pefore entry of goods on Philippine tertory pelts relae tom cstomseteny a preach be an cata ‘hi (0) days fom the cle ofthe tah ee hen pe re 24 Statement I A seperate excise tax eur shal beled for exh pace of predation. Shtement 2 A separate excise tx return halle led for ach lice lle Only Statement 1 is true. Only Statement 2 is true ‘¢ Both statements are tue. 4. Both statements arenot tue 25. Which ofthe following most accurately provides the ue or exis taxes ‘on goods actually exported?” 4. The BIR is not allowed to collect any excise taxes due on sch goods Such goods are still subject to excise tax bt wil be subject eo. "ate of VAT if paid for in acceptable foreign eurency. Pursuant to international conventions, the county of destination wil Bay the Pilppine goverment hal of eee ns dn sh Excise tax wil be paid but canbe subsequently refunded or eet "upon submission of proof of actual exportation. Scanned with CamScanner_ Me Bice, ye TAKREVEWER weRs TO MULTIPLE CHOICE QUESTIONS ANS Ae wA AG we atc wc AG wA ei wc i Be (This pages intetonly ef Mand) acl no sc Be 90 mA wD BD nop no | BD wD BB Scanned with CamScanner