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Showing 1–5 of 5 articles for “capital goods”

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Apr 26, 2021 value-added tax vat refund zero-rated sales input vat capital goods tax credit

Understanding VAT Refund Amortization for Zero-Rated Sales in the Philippines

Learn how the Supreme Court ruled that input VAT on capital goods over P1M must be amortized even for zero-rated sales refunds.

Jul 22, 2013 value-added tax vat refund tax credit capital goods invoicing requirements tax law

VAT Refund Claims: Strict Invoicing Rules and the Definition of Capital Goods

Philippine Supreme Court clarifies strict invoicing requirements and capital goods definition for VAT refund claims in Bonifacio Water Corporation case.

Jul 7, 2010 vat refund input tax tax credit apportionment exempt sales capital goods taxation

VAT Refund Apportionment When Exempt Sales Affect Tax Credit Claims

Philippine Supreme Court clarifies when VAT refunds on capital goods must be apportioned if a taxpayer also has exempt sales.

Dec 14, 2009 vat refund capital goods tax exemption depreciable assets kepco bir

VAT Refund on Capital Goods: Strict Rules on Depreciable Assets

Philippine Supreme Court clarifies strict requirements for VAT refund claims on capital goods, emphasizing proper accounting treatment as depreciable assets.

Feb 11, 2005 vat peza tax refund tax incentives commercial law seagate

VAT Refund Eligibility for PEZA-Registered Enterprises: Key Lessons from Seagate

The Supreme Court clarifies when PEZA-registered enterprises can claim VAT refunds on capital goods, distinguishing exempt entities from exempt transactions.