WHT #n gr#ss r#m#tt#nc#

WHT #n gr#ss r#m#tt#nc#

1st Grade

10 Qs

quiz-placeholder

Similar activities

Quiz Merchant

Quiz Merchant

1st - 3rd Grade

15 Qs

Tsev Probing Quizizz

Tsev Probing Quizizz

1st Grade

10 Qs

Refreshment Test SCH - Juni

Refreshment Test SCH - Juni

1st Grade

10 Qs

PH T#x #nq##ry

PH T#x #nq##ry

1st Grade

10 Qs

SDK V3

SDK V3

1st Grade

10 Qs

Payex Post Test Phase 3

Payex Post Test Phase 3

1st Grade

12 Qs

Routing Process

Routing Process

1st - 3rd Grade

5 Qs

C# H#nd#v#r - Ch#nn#l #ct#v#t##n 101

C# H#nd#v#r - Ch#nn#l #ct#v#t##n 101

1st Grade

15 Qs

WHT #n gr#ss r#m#tt#nc#

WHT #n gr#ss r#m#tt#nc#

Assessment

Quiz

Professional Development

1st Grade

Easy

Created by

CS Xendit

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emma Sleep SG sells mattresses in PH online. Xendit helps collect the payments from buyers in PH and remits the collections to Emma Sleep SG. As a foreign merchant, the gross remittances to them is subject to withholding tax.
True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For withholding tax on gross remittance, the person responsible for issuing the tax certificate (BIR 2307) is the merchant.
True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If merchant is registered with other e-marketplace platforms or DFSPs aside from Xendit PH, only the gross remittance from Xendit PH is considered in determining the PhP500,000 threshold.
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the gross remittances of merchants have exceeded the PhP500,000 threshold, Xendit PH will start withholding tax on the excess from the P500,000.
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If merchant is only registered with Xendit PH and the gross remittances from last year has exceeded the P500,000 threshold, merchant is no longer required to submit the Sworn Declaration.
True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the merchant has exceeded the gross remittances of P500,000 but has a Certificate of Tax Exemption/Entitlement, the gross remittance to the merchant is not subject to withholding tax.
True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Master Merchant is using Xenplatfrom for his sub-merchants. Consequently, under the SA, all collections made by Xendit on behalf of the sub-merchants of the Master Merchants will be remitted to the Master Merchant. The Master Merchant will subsequently disburse the collections to its sub-merchants. In this scenario, the one responsible for withholding tax on the gross remittance is Xendit.
True
False

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?