The Tax Type determines the Type of Tax that will be applied to your transaction.
The Tax Type affects the calculation and population of your VAT returns and is only available if your organization in Plus is set up as a VAT filer.
See the complete list of Tax Types that are available in JuanTax below.
Type
Description
VAT Amount
Vat on Purchases (Goods)
Value Added Tax when you purchase goods that are liable for VAT
12%
Capital Goods
Goods that are used in producing other goods
12%
Goods Not Qualified for Input Tax
Goods that can’t be taxed under provisions from the BIR
0%
Importation of Goods
Process of bringing goods from another country for the purpose of reselling
12%
Tax-Exempt Purchases (Importation of Goods)
Goods brought from another country that is exempted from tax
0%
Vat on Purchases (Services)
Value Added Tax when you purchase services that are liable for VAT
12%
Services Not Qualified for Input Tax
Services that can’t be taxed under provisions from the BIR
0%
Services by Non-Residents
Service provided by an alien that may apply for tax relief
0%
Non-Tax
These transactions are not subject to VAT but may fall under other tax types.
0%
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