A tax on a person’s income derived from employment, business, trade, practice of profession, or from property, after excluding the deductions allowed under the law.

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

Income earned without actively working for it.

Is the process by which a government, through its lawmaking body, imposes charges on its inhabitants to raise money for public use.

Is imposed on “any person who, in the ordinary course of business, sells, barters, exchanges, leases goods or properties, renders services, and any person who imports goods.

Is imposed on “any person who, in the ordinary course of business, sells, barters, exchanges, leases goods or properties, renders services, and any person who imports goods.

Salaries or wages received by the employee as “take-home pay” is already net of the related income tax.

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

It occurs when a taxpayer minimizes his/her exposure to taxes through legal means

Is gross income minus the deductions allowed by law.

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

Income earned without actively working for it.

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

It occurs when a taxpayer minimizes his/her exposure to taxes through legal means

Salaries or wages received by the employee as “take-home pay” is already net of the related income tax.

Is imposed on “any person who, in the ordinary course of business, sells, barters, exchanges, leases goods or properties, renders services, and any person who imports goods.

Is gross income minus the deductions allowed by law.

A business that is exempt from paying VAT

Is the process by which a government, through its lawmaking body, imposes charges on its inhabitants to raise money for public use.

A tax on a person’s income derived from employment, business, trade, practice of profession, or from property, after excluding the deductions allowed under the law.

It occurs when a taxpayer avoids paying his/her taxes using illegal means

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

Income earned without actively working for it.

It occurs when a taxpayer minimizes his/her exposure to taxes through legal means

It occurs when a taxpayer minimizes his/her exposure to taxes through legal means

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

Income earned without actively working for it.

It occurs when a taxpayer avoids paying his/her taxes using illegal means

Salaries or wages received by the employee as “take-home pay” is already net of the related income tax.

A business that is exempt from paying VAT

Is gross income minus the deductions allowed by law.

Is imposed on “any person who, in the ordinary course of business, sells, barters, exchanges, leases goods or properties, renders services, and any person who imports goods.

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

Income earned without actively working for it.

Is gross income minus the deductions allowed by law.

It occurs when a taxpayer avoids paying his/her taxes using illegal means

A tax on the production, sale, or consumption of goods and services, leasing of property, or other business activities.

A business that is exempt from paying VAT

Is the process by which a government, through its lawmaking body, imposes charges on its inhabitants to raise money for public use.

A tax on a person’s income derived from employment, business, trade, practice of profession, or from property, after excluding the deductions allowed under the law.