taxable quarter for the services performed or to be performed for another person excluding discounts if determinable at the time of sales, sales return, excise tax, and value added tax (VAT).
i. Levy means an imposition or collection of an assessment, tax, fee, charge, or fine.
j. License or Permit is a right or permission granted in accordance with law or by a competent authority to engage in some business or occupation or to engage in some transactions.
k. Municipal Waters include not only streams, lakes and tidal waters within the municipality, not being the subject of private ownership and not comprised within the national parks, public forest, timber lands, forest reserves or fishery reserves, but also marine waters included between two lines drawn perpendicularly to the general coastline from points where boundary lines of the municipality or city touch the sea at low tide and a third line parallel with the general coastline and fifteen (15) kilometers from it. Where two (2) municipalities are so situated on the opposite shores that there is less than fifteen (15) kilometers of marine waters between them, the third line shall be equally distant from opposite shores of the respective municipalities.
l. Operator includes the owner, manager, administrator, or any other person who operates or is responsible for the operation of a business establishment or undertaking.
m. Privilege means a right or immunity granted as a peculiar benefit, advantage or favor.
n. Persons mean every natural or juridical being, susceptible of rights and obligations or of being the subject of legal relations;
o. Rental means the value of the consideration, whether in money or otherwise, given for the enjoyment or use of a thing.
p. Residents refer to natural persons who have their habitual residence in the province, city, or municipality where they exercise their civil rights and fulfill their civil obligations, and to juridical persons for which the law or any other provision creating or recognizing them fixes their residence in a particular province, city or municipality. In the absence of such laws, juridical persons are residents or the province, city or municipality where they have their legal residence or principal place of business or where they conduct their principal business or occupation.
q. Revenue includes taxes, fees and charges that a state or its political subdivision collects and receives into the treasury for public purposes.
r. Services mean the duties, work or functions performed or discharged by a government officer, or by a private person contracted by the government, as the case may be.
s. Tax means an enforced contribution, usually monetary in form, levied by the law making body on persons and property/ies subject to its jurisdiction for the precise purpose of supporting governmental needs.
t. Vessels include every type of boat, craft or other artificial contrivance, capable of being used as a means of transportation on water.
CHAPTER II. TAXES ON BUSINESS
Article A. Graduated Tax on Business
Section 1. Definitions. When used in this Article, the following terms shall be understood as follows:
a. Advertising Agency includes all persons who are engaged in the business of advertising for others by means of billboards, posters, placards, notices, signs, directories, pamphlets, leaflets, handbills, electric or neon lights, airplanes, balloons or other media, whether in pictorial or reading form.
b. Agricultural Products include the yield of the soil, such as corn, rice, wheat, rye, hay, coconut, sugarcane, tobacco, root crops, vegetables, fruits, flowers, and their by-products; ordinary salt; all kinds of fish; poultry; and livestock and animal products, whether in their original form or not;
