(i) Change of control of a corporation (ii) Change in the trade or corporate name (iii) Merger or consolidation of corporations 12. VAT on…

The question

(i) Change of control of a corporation (ii) Change in the trade or corporate name (iii) Merger or consolidation of corporations 12. VAT on importation of goods Which of the following transactions is subject to Value-Added Tax (VAT)? (2014 Bar Question)

1. A.Sale of shares of stock-listed and traded through the local stock exchange
2. B.Importation of personal and household effects belonging to residents of the Philippines returning from abroad subject to custom duties under the Tariff and Customs Code
3. C.Services rendered by individuals pursuant to an employeremployee relationship
4. D.Gross receipts from lending activities by credit or multi-purpose cooperatives duly registered with the Cooperative Development Authority

This question has not been answered yet.