ECOZONE Tax Exemptions Quiz
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Questions and Answers

What percentage of the gross income earned by business enterprises within the ECOZONE is paid to the National Government?

  • 4%
  • 5%
  • 2%
  • 3% (correct)
  • Who is responsible for directly remitting two percent (2%) of the gross income earned by business enterprises to the treasurer’s office of the municipality or city where the enterprise is located?

  • National Government
  • ECOZONE Authority
  • Local Government
  • Business Enterprises (correct)
  • Which taxes are exempted for business establishments operating within the ECOZONE?

  • Income tax
  • Value-added tax
  • Real property taxes
  • National and local taxes (correct)
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