TAX-VAT-109

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Other goods for use in Manufacture and Merchandize of any Commercial Quantity BELONGING TO PERSONS COMING TO SETTLE IN THE PHILIPPINES For OWN USE NOT for SALE,BARTER EXCHANGE Accompanying such persons or arriving WITHIN 90 days Before or after arrival Production of EVIDENCE Satisfactory to Commissioner 1. persons actually coming to SETTLE in the Philippines 2. Change of residence is BONA FIDE

The following transactions shall be EXEMPT from the Value Added Tax: A. Sale or Importation AGRICULTURAL or MARINE food products in their original state LIVESTOCK and POULTRY of a kind generally used as or yielding or producing FOODS FOR HUMAN CONSUMPTION BREEDING STOCK and GENETIC materials *Products considered in ORIGINAL STATE even if they had undergone: simple processes of preparation or preservation for the market -freezing, drying, salting, broiling, roasting, smoking or stripping *Polished and/or husked RICE, CORN grits, raw cane SUGAR and MOLASSES, ordinary SALT and COPRA = original state B. Sale or Importation FERTILIZERS, SEEDS, SEEDINGS and FINGERLINGS. FISH, PRAWN, LIVESTOCK, POULTRY FEEDS including ingredients *locally produced or imported *used in MANUFACTURE OF FINISHED FEEDS XPN: SPECIALTY FEEDS Race HORSES Fighting COCKS Aquarium FISH ZOO Animals Other animals considered PETS C. Importation PERSONAL and HOUSEHOLD EFFECTS 1. Belonging to Residents of the Philippines returning from abroad 2. Non-Resident citizens Coming to RESETTLE in Philippines PROVIDED: goods EXEMPT from: Custom Duties under TCC D. Importation PROFESSIONAL INSTRUMENTS AND IMPLEMENTS WEARING APPAREL DOMESTIC ANIMALS PERSONAL HOUSEHOLD EFFECTS EXCEPT: Vehicle, Vessel, Aircraft Machinery

E. Services PERCENTAGE TAX Under Title V F. Services AGRICULTURAL CONTRACT GROWERS AND MILLING FOR OTHERS PALAY into rice CORN into grits SUGAR CANE into raw sugar G. Services MEDICAL, DENTAL, HOSPITAL AND VETERINARY XPN: rendered by PROFESSIONALS H. Services EDUCATIONAL By PRIVATE EDUCATIONAL INSTITUTIONS Duly ACCREDITED by DEPED, CHED, TESDA Other Government Educational Institution I. Services INDIVIDUALS EMPLOYER-EMPLOYEE relationship J. Services REGIONAL OR AREA HEADQUARTERS Established in the Philippines By MULTINATIONAL CORPORATIONS Act as Supervisory, Communications and Coordinating Centers For Affiliates, Subsidiaries, Branches In Asia-Pacific Regio DO NOT EARN OR DERIVE INCOME FROM THE PHILIPPINES

TAX-VAT-109
K. Transactions EXEMPT International Agreements Philippines is a SIGNATORY SPECIAL LAWS XPN: P.D. 529

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L. Sales By AGRICULTURAL COOPERATIVES DULY REGISTERED with COOPERATIVE DEVELOPMENT AUTHORITY SALE OF PRODUCE -Original or processed 1. to their MEMBERS 2. NON-MEMBERS IMPORTATION of: o Direct farm inputs o Machineries and equipment o Spare parts Used DIRECTLY and EXCLUSIVELY in Production and/or processing of produce M. Gross Receipts LENDING ACTIVITIES BY CREDIT OR MULTI-PURPOSE COOP Duly registered with Cooperative Development Authority N. Sales NON-AGRICULTURAL NON-ELECTRIC NON-CREDIT Cooperatives