Sub-contracting fees and local sales rules

Ask AI

PEZA MEMORANDUM CIRCULAR NO. 2000-003, NOVEMBER 13, 2000: Sub-contracting fees and local sales rules

What do you want to know about the law?
Ask AI quickly gives answers based only on the current context to avoid mistakes. Always verify with the original text.

New Chat Started

Ask AI

Title Source: Supreme Court: Sub-contracting fees and local sales rules

Law: Peza Memorandum Circular No. 2000-003, November 13, 2000

Decision Date: Nov 13, 2000

Economic zone export-producer enterprises must include revenues from sub-contracting jobs for domestic market-oriented enterprises as local sales, subject to a 2% Local Sales Processing Fee, to prevent misuse of tax-exempt machinery and equipment.

END