Intra-Community supply of goods and intra-Community distance sales of goods which are not subject to tax within the territory of the country; distance sales of imported goods, which are not subject to tax in the territory of the country; paid supply of goods and paid philippines photo editor provision of services, exempt from tax under Art. section or regulations issued pursuant to Art. section , except: real estate transactions, services referred to in Art. section points , and - , insurance services – if these activities do not constitute ancillary transactions; paid supply of goods which, pursuant to income tax regulations, are classified by the taxpayer.
As fixed assets and intangible assets subject to depreciation. In turn, in accordance with the provisions of Art. section of the VAT Act, sales made by a taxpayer who starts carrying out taxable activities during the tax year are exempt from tax if the value of sales expected by him does not exceed, in proportion to the period of business activity in the tax year, the amount of , . And if you benefit from VAT exemption, in this article you will check whether the resale of media is included in the limit of this exemption.