As a source of income during the pandemic, Nena, together with friends in the barangay, established an enterprise wherein the group members made “bags” out of used garments and thereafter sold the...

As a source of income during the pandemic, Nena, together with friends in the barangay, established an enterprise wherein the group members made “bags” out of used garments and thereafter sold the products for profit. Is the income of each member excluded from gross income?

a. Yes, it is clear that the enterprise is a “Barangay Micro-Business Enterprise” (BMBE).

b. Yes, it is clear that each member is a minimum wage earner.

c. Both A and B

d. No, there is no showing that the enterprise is a duly-registered BMBE or that each member is a minimum wage earner.

Jun 08, 2022

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As a source of income during the pandemic, Nena, together with friends in the barangay, established an enterprise wherein the group members made “bags” out of used garments and thereafter sold the...

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