Practice question
A transport concession allocates VAT cost to passengers. Distinguish that economic provision from transferring the operator’s tax obligation to each rider.
Legal references
- Bagong Alyansang Makabayan v. Abaya, G.R. No. 221190, October 8, 2024, en banc main decision, discussion of VAT shifting: https://lawphil.net/judjuris/juri2024/oct2024/gr_221190_2024.html
Answer this question in flashcards to review your response and continue practicing.