Practice question
A trader operates a separately taxable second line of business in the same premises as a line whose tax was paid. Does 146(a) itself exempt the second line merely because of the shared premises?
- Yes; one room creates a universal business-tax exemption.
- Yes; ownership of a receipt eliminates all other taxable activities.
- Yes; separate lines cannot exist at one address.
- No; because all business taxes are payable by customers only.
- No; one line is not exempt merely because it is conducted with another paid line.
Legal references
- RA7160, LGC Sections139,145-146,150,157-163 and252-253: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
Answer this question in flashcards to review your response and continue practicing.