ECOZONE Tax Exemptions Quiz
3 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

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)
  • More Like This

    Taxation and Economic Impact Quiz
    8 questions
    Taxation and Economic Burden Quiz
    5 questions
    Economic Development and Taxation
    304 questions
    Use Quizgecko on...
    Browser
    Browser