1.

Exclusive and community property under Absolute Community of Property

Exclusive Property

1. Property acquired before the marriage by either spouse who has legitimate descendants
by a former marriage, and the fruit of such property

2. Property acquired during the marriage by gratuitous title by either spouse and the fruits
thereof; unless, it is expressly provided by the donor or testator that they shall form part
of the community property

3. Property for personal and exclusive use of either spouse, except jewelry.

Community Property

 All other properties owned by the spouses after marriage or acquired thereafter

2. Exclusive and community property under Conjugal Partnership of Gains

Exclusive Property

1. That which one already owns before his or her marriage, except fruit of such property

2. That which one acquired after the marriage by gratuitous title (e.g. Donation or
inheritance) or by exchange with an exclusive property, except the fruits of such property.

Conjugal Property

 All other properties are presumed to be conjugal (gains from labor and fruits of exclusive
property).

3. Donor’s tax exempt transactions

1. Gifts made to the National Government or any entity created by any of its agencies which
is not conducted for profit, or to any political subdivision of the said Government

2. Gifts in favor of a non-profit educational and/or charitable, religious, cultural or social

welfare corporation, institution accredited non-government organization, trust or
philanthropic organization or research institution or organization; provided, not more
than 30% shall be used by such donee for administration purposes (CARTERCuPS)

3. Encumbrances on the property donated if assumed by the donee in the deed of donation

4. Donations made to entities as exempted under special laws

4. VAT exempt transactions

1. Sale or importation of agricultural and marine food products in their original state
2. Importation of professional instruments and implements, wearing apparel, domestic
animals, and personal and household effects belonging to persons coming to settle in
the Philippines or Filipino, otherwise referred to as OFWs, in quantities and class
suitable to the profession, for their own use and not for sale, barter or exchange,
accompanying such persons.
3. Services subject to percentage tax
4. Services by agricultural contract growers and milling for others of palay into rice, corn
into grits and sugar cane into raw sugar
5. Medical, dental, hospital and veterinary services except those rendered by
professionals
6. Educational services rendered by private educational institutions, duly accredited by
the Department of Education (DepEd ), the Commission on Higher Education (CHED),
the Technical education Skill and Development Authority (TESDA) and those rendered
by government educational institutions
7. Services rendered by individuals pursuant to an employer-employee relationship
8. Services rendered by regional or area headquarters established in the Philippines by
multinational corporations
9. Transactions which are exempt under international agreements to which the
Philippines is a signatory or under special laws
10. Sales by agricultural cooperatives duly registered with the Cooperative Development
Authority to their members as well as sale of their produce
11. Gross receipts from lending activities by credit or multi-purpose cooperatives duly
registered with the Cooperative Development Authority whose lending operation is
limited to their members;
12. Sales by non-agricultural, non-electric and non-credit cooperatives duly registered
with the Cooperative Development Authority;
13. Export sales by persons who are Non-VAT registered
14. Sale of real properties utilized for socialized housing wherein the price ceiling per unit
is P450,000;
15. Sale of:
a) Residential lot valued at P1,500,000 and below;
b) House and lot valued at P2,500,000 and below
16. Lease of a residential unit with a monthly rental not exceeding P15,000
17. Sale, importation, printing or publication of books and any newspaper, magazine,
review or bulletin which appears at regular intervals with fixed prices for subscription
and sale and which is not devoted principally to the publication of paid
advertisements
18. Transport of passengers by international carriers
19. Sale, importation, or lease of passenger or cargo vessels and machine parts for
domestic or international transport operation
20. Importation of fuels, equipment, goods, supplies (FEGS) by persons engaged in
international transport.
21. Services of banks and other non-bank financial intermediaries
22. Sale or lease of goods to senior citizens and persons with disabilities
23. Transfer of property under exempt mergers or consolidation
 24. Association dues collected by homeowners association and condominium
corporations
25. Sale of gold to BSP
26. Sale (importation is vatable) of drugs prescribed for diabetes, high cholesterol, and
hypertension
27. Annual sale or lease of goods or services not exceeding P3,000,000.

5. Zero rated transactions

1. Actual export paid for in acceptable foreign currency and accounted for in accordance
with the rules and regulations of the Bangko Sentral ng Pilipinas (BSP)
2. Sale of raw or packaging materials to a non-resident buyer for delivery to a resident
local export-oriented enterprise and paid for in acceptable foreign currency and
accounted for in accordance with the rules and regulations of the Bangko Sentral ng
Pilipinas (BSP)
3. Sales to export oriented enterprises (exports exceeds 70% of annual production)
4. Export sales under Omnibus Investment Code of 1987, and other special laws
5. Sale of fuel, equipment, goods, supplies (FEGS) to persons engaged in international
transport. Provided, FEGS is used for the international operation.
6. Sales to persons deemed tax-exempt under special laws or international agreements
7. Transport of passengers and cargo by domestic air or sea carriers from the Philippines
to a foreign country
8. Sale of power or fuel generated through renewable sources of energy

6. Transaction deemed sales

1. Transfer, use, or consumption not in the course of business of goods or properties

originally intended for sale or for use in the course of business

2. Distribution or transfer to:

a) Shareholders or investors share in the profits of VAT-registered persons

b) Creditors in payment of debt or obligation

3. Consignment of goods if actual sale is not made within 60 days following the date
such goods were consigned

4. Retirement from or cessation of business with respect to all goods on hand whether
capital goods, stock in trade, supplies or materials as of the date of cessation,
whether or not the business is continued by the new owner or successor

5. Cessation of status as a VAT-registered person

7. VAT threshold for the following:

a. Regular transactions - exceed P3,000,000

 b. Lease of residential units - exceed P15,000/month

c. Sale of residential lot - Valued at more than P1,500,000

d. Sale of residential house and lot - Valued at more than P2,500,000

e. Radio and television companies - Annual gross receipts exceed P10,000,000

8. Transactions subject to Other Percentage Tax

1. Banks and non-bank financial intermediaries

2. International carriers on their transport of cargoes, excess baggage and mails only

3. Common carriers on their transport of passengers by land and keepers of garage

4. Certain amusement places

5. Brokers in effecting sales of stocks through the Philippine Stock Exchange and
corporations or shareholders on initial public offerings

6. Certain franchise grantees

7. Life insurance companies and agents of foreign insurance

8. Telep
hone
 companies on overseas communication

9. Jai-alai and cockpit operators on winnings

9. Draw the assessment remedy provided under the NIRC

IF RECONSIDERATION
15 days 30 days
180 days

Period within CIR or Authorized

Representative to decide

IF REINVESTIGATION

60 days 180 days

Submit Period within CIR

Documents or Authorized
Representative to
decide

10. Draw the procedure for refund claim for national taxes

2 years 120 days

The 90-day admin

claim must be filed
WITHIN the 2-year Period to
period, not
decide
thereafter Close of the File
Taxable Quarter Administrative
when the Claim with CIR
relevant sales and submit
were made complete
documents

II. assessment of the impact of COVID-19 lockdowns to tax collections

THE Bureau of Internal Revenue (BIR) is now using its new online system to beat the tax
payment problems caused by the local spread of the coronavirus disease 2019 (Covid-19).
Amid the ongoing payment season for Annual Income Tax Returns (AITR), BIR Head
Executive Assistant Rosario M. Padilla said taxpayers could now access their Offline eBIRForms
Package (EFP) in their web site to compute their tax dues.
EFPs-filers could then pay their taxes online through their partner firms, namely,
PayMaya, GCash, LBP LinkBiz ATM and debit cards, the DBP Tax Online Credit/ATM/debit cards.

Good alternative
She said the online option is a good alternative to manual payment, especially as the
government encourages “social distancing” with the growing number of COVID-19 cases in the
country, which reached 49 as of March 11.
“All of these will allow our taxpayers to pay their dues without lining up in banks or to
linger with collection agents. We could now pay whenever it will be convenient for you,” Padilla
said at a press briefing in Malacañang on Wednesday.

Padilla said they expect the number of online payments of taxes to significantly increase
this year after they made the option available to all taxpayers and due to the growing public
concern in Covid-19.
“We now expect we will be having lesser over-the-counter filing and payment,” Padilla
said.
Less risk for early filers
As for those who will still opt for traditional manual payment of the taxes, Padilla
appealed to them to pay their AITR before its deadline on April 15.
“We remind everybody to pay on time, file on time to avoid the inconvenience of
congested lines and, of course, to avoid payment of surcharge of 25 percent for late filing and
then an interest at 12 percent,” Padilla said.
BIR will start establishing its Tax Filing Assistance Centers at all of its Revenue District
Offices (RDO) on March 28. Currently, BIR has no plans to extend the deadline, but it said it is
open to do so if the need for it arises in response to the effects of Covid-19.

MY POV:
 Community lockdowns are very necessary in todays’ situation. Not only to prevent virus
from spreading but also to protect and keep people updated from time to time. We don’t have
to go out every single minute to do our chores outside, c’mon what’s the use of our gadgets!
Internet will be the solution in this tragedy we’re facing right now. Eventhough BIR said that
collection of taxes will be still as scheduled, as taxpayers, we should be responsible enough to
pay and help our government running in order to support our fellowmen especially the less
fortunate ones. If there’s a will, there’s a way! Let’s all cooperate and obey the rules that our
government implemented. It is for our own good. Nonetheless, discipline is a must.