Tax on sales to/from PEZA enterprises

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BIR MEMORANDUM CIRCULAR NO. 74-99: Tax on sales to/from PEZA enterprises

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Title Source: Supreme Court: Tax on sales to/from PEZA enterprises

Law: Bir Memorandum Circular No. 74-99

Decision Date: Oct 15, 1999

BIR Memorandum Circular No. 74-99 establishes the tax treatment for sales of goods, property, and services between suppliers in the Customs Territory and PEZA-registered enterprises, allowing for zero percent VAT on such transactions while outlining specific tax obligations for both parties involved.

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