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VALUE-ADDED TAX (Sections 105 to 115 of the Tax Code, as amended)    COPRA: Exempt PETROLEUM PRODUCTS: VATable ELECTRICITY: VATable DRIED MANGOES: VATable SUGAR:…

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TAX ATION San Beda College of LAW ± ALABANG GENERAL PRINCIPLES I. Concepts, Nature and Characteristics of Taxation and Taxes. d. Encourage Economic Growth ± in the realm…