Since Xendit PH passes the 12% VAT on the transaction fees, a VAT-registered merchant is no longer required to pay VAT on their sales of goods/services to its customers.

• True
• False

A merchant who is subject to VAT is no longer subject to income tax.

• True
• False

Merchants and Xendit PH are liable to income tax separately on their respective profits.

• True
• False

If a merchant insist that they are VAT-exempt, the transaction fees of Xendit PH should also be exempt from VAT.

• True
• False

If a merchant is VAT-registered and collects VAT from its sales to customers, the merchant is liable to remit the VAT collected to the tax office.

• True
• False

A merchant is not considered a Top Withholding Agent (TWA) by the tax office. But since Xendit PH is considered a TWA, the merchant is required to withhold taxes on their payments to Xendit PH.

• True
• False

Even if the merchant is a non-VAT registered, they cannot refuse to pay the VAT on the transaction fees of Xendit PH.

• True
• False

Xendit PH is liable for the income tax from the cash collected from the sale of the merchants.

• True
• False

If the merchant is non-VAT registered, it cannot collect VAT from its customers.

• True
• False

Xendit PH cannot pay the income tax of the merchant.

• True
• False