Wanted Tax Specialista Partners, Taxpayer University teaches

(a) issue electronically the BIR registered VAT Official Receipt for the full amount of the sale to the buyer;
(b) issue collection receipt to the credit card company for the amount received; and
(c) pay the commission of credit card company net of 10% Expanded Withholding Tax (EWT).
2. thru the banks: I am mandated to
(a) issue BIR registered VAT Official Receipt to the buyer for the payment of the goods; and
(b) issue collection receipt to the bank for the amount received.
3. Cash on delivery: I am required to issue electronically BIR registered VAT Official Receipt for the full amount of the sale to the buyer
D. VAT zero services
If the buyer’s payment is:
1. thru credit card companies: I am obliged to
(a) issue electronically the BIR registered VAT Official Receipt with a “VAT zero” notation on the side of the amount of the services purchased for the full amount of the sale to the buyer;
(b) issue collection receipt to the credit card company for the amount received; and
(c) pay the commission of credit card company net of 10% Expanded Withholding Tax (EWT).
2. thru the banks: I am obliged to obliged to
(a) issue BIR registered VAT Official Receipt with a “VAT zero” notation on the side of the amount of the services purchased to the buyer for the payment of the goods; and
(b) issue collection receipt to the bank for the amount received.
3. Cash on delivery or in the office of merchant: I am required to issue electronically BIR registered VAT Official Receipt with a “VAT zero” notation on the side of the amount of the services purchased for the full amount of the sale to the buyer
II. Online Intermediary Services.
A. VAT services
If the buyer’s payment is:
1. thru credit card companies: I am obliged to
(a) issue the merchant’s BIR registered official receipt for buyer to claim the service;
(b) ensure merchant performs the purchased service;
(c) issue collection receipt to the credit card company for the amount received; and
(d) issue electronically the BIR registered VAT Official Receipt to merchant for the full amount of the agreed commission or royalty and reflecting therein the amount withheld by merchant.
2. thru the banks: I am mandated to
(a) issue the merchant’s BIR registered official receipt for buyer to claim the service;
(b) ensure merchant performs the purchased service;
(c) issue electronically the BIR registered VAT Official Receipt to merchant for the full amount of the agreed commission or royalty and reflecting therein the amount withheld by merchant.
3. Cash on delivery: I am required to
(a) issue the merchant’s BIR registered official receipt for buyer to claim the service; and
(b) issue electronically BIR registered VAT Official Receipt for the full amount of the agreed commission or royalty and reflecting therein the amount withheld by merchant.
B. VAT zero services
If the buyer’s payment is:
1. thru credit card companies: I am obliged to
(a) issue the merchant’s BIR registered official receipt for buyer to claim the service;
(b) ensure merchant performs the purchased service;
(c) issue collection receipt to the credit card company for the amount received; and
(d) issue electronically the BIR registered VAT Official Receipt with a “VAT zero” notation on the side of the amount of the services purchased to merchant for the full amount of the agreed commission or royalty and reflecting therein the amount withheld by merchant.
2. thru the banks: I am mandated to
(a) issue the merchant’s BIR registered official receipt for buyer to claim the service;
(b) ensure merchant performs the purchased service;
(c) issue electronically the BIR registered VAT Official Receipt with a “VAT zero” notation on the side of the amount of the services purchased to merchant for the full amount of the agreed commission or royalty and reflecting therein the amount withheld by merchant.
3. Cash on delivery: I am required to
(a) issue the merchant’s BIR registered official receipt for buyer to claim the service; and
(b) issue electronically BIR registered VAT Official Receipt with a “VAT zero” notation on the side of the amount of the services purchased for the full amount of the agreed commission or royalty and reflecting therein the amount withheld by merchant.
Accountable forms.
The following information and those fonts that are in bold letters/numbers shall be pre-printed on the face of the accountable form concerned. Moreover, in case of system unavailability, only accounting documents duly authorised and approved by the BIR shall be used.
A. VAT Invoice.
1. Taxpayer’s (TP) Registered Name - Emelino T Maestro;
2. A statement that the taxpayer is VAT registered followed by the Taxpayers Identification Number (TIN) and 4-digit Branch Code - VAT Registered 129 596 230 0000;
4. Detailed Business address where the VAT Invoice shall be used/located - Unit 203 STG Corporate Centre, 76 Timog Avenue, Sacred Heart, Quezon