BUSINESS TAXATION

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Across
  1. 1. seizure of real property
  2. 5. “Go to the ______”, 1st step to BIR registration of business
  3. 8. place of taxation
  4. 9. also known as real property tax
  5. 10. _____ tax – levied on all property left by a deceased
  6. 12. divestiture of property without compensation
  7. 16. _____ stamp tax - levied on instruments and papers like contracts
  8. 18. additional amount on top of the tax due
  9. 19. _____ tax – levied on electric power consumption
  10. 21. cancellation of tax liability
  11. 22. moving goods illegally into or out of the country
  12. 26. a bill or document that shows a list of goods or services and the prices to be paid for them
  13. 27. immunity from tax liability
Down
  1. 2. _____ tax – levied on specified articles like alcohol, tobacco and mineral products
  2. 3. ____’s tax – levied on gifts
  3. 4. involuntary payment of a tax unlawfully or erroneously assessed
  4. 6. levied on imported articles
  5. 7. _____ tax – collected from first class and economy class passengers of commercial aircrafts
  6. 9. ascertaining the amount of tax due
  7. 11. agreement whereby the taxpayer offers to pay something less than what is due and the government accepts it as a full settlement of his tax liability
  8. 13. seizure of personal property
  9. 14. eminent domain, police power and _____
  10. 15. _____ tax – levied on the privilege of carrying out a commercial activity
  11. 16. failure to pay taxes on time
  12. 17. also known as community tax certificate
  13. 20. imposed on the sale of goods & services; at the rate of 12%
  14. 23. tax collecting agency of the government
  15. 24. “Ask For ______”
  16. 25. government agency implementing the tariff rates
  17. 28. collected every yearly registration of motor vehicles