Geology of the Pacific Ocean Guinea, and New Zealand lie outside the andesite line. Outside of the andesite line, volcanism is explosive; the Pacific Ring of Fire is the world's foremost belt of explosive volcanism. The Ring of Fire is named after the several hundred active volcanoes that sit above the various subduction zones. In 2009, the deepest undersea eruption ever recorded occurred at the West Mata submarine volcano, a mile beneath the ocean, close to the Tonga-Kermadec Trench, within the Ring of Fire; it was filmed by the US Jason robotic submersible which descended over . The Pacific Ocean is the only ocean which
Taxation in the Philippines goods, services and transactions are exempted from the VAT: Percentage tax is a business tax imposed on persons or entities/transactions: Excise taxes apply to goods manufactured or produced in the Philippines for domestic sales or consumption or for any other disposition and to things imported. One of main sources of revenues of the local government units is the real property tax, which is a tax imposed on all types of real properties including lands, buildings, improvements, and machinery. Taxation in the Philippines The policy of ‘’’taxation in the Philippines’’’ is governed chiefly by the Constitution of the Philippines and three