Practice question
A professional has paid the corresponding tax and separately operates a genuine retail store subject to a valid business-tax provision. The person claims 139(b) exempts the separate retail activity merely because both incomes belong to the same individual. Which is best?
- The protection for practice of the profession is not a blanket exemption for every distinct commercial business.
- Professional-tax payment automatically exempts all personal business activity.
- Every retail store becomes a regulated profession on payment.
- The retail customer must pay the professional's annual tax instead.
- A separate business can never be taxed under any local law.
Legal references
- RA7160, LGC Sections139,145-146,150,157-163 and252-253: https://lawphil.net/statutes/repacts/ra1991/ra_7160_1991.html
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