- Taxpayer:what do you mean by the taxable services?
- Taxpayer:How should you determine the taxable proceeds?
- Taxable consumer goods produced by the taxpayer shall be subject to tax upon sales.
- Imported taxable consumer goods shall be subject to tax upon import declaration.
- To illustrate, assume that a corporation pays income taxes at a rate of 3% on its taxable income.
- Dividends paid to stockholders are not tax deductible.