A TIN (Taxpayer Identification Number) is usually given to new taxpayers, such as individual taxpayers (i.e., single proprietors, professionals, employees, and mixed income earners) and juridical taxpayers (e.g., partnerships and corporations). If you fall under those categories, … [Read more...]
Different Kinds of Taxes in the Philippines
There are many different kinds of taxes in the Philippines. But we can group them into two basic types, namely, national taxes and local taxes. National taxes are those that we pay to the government through the Bureau of Internal Revenue. Our national taxation is based on the … [Read more...]
List of Taxes in the Philippines
We need to be aware of the taxation system in our country. If you’re a person engaged in business or someone who is practicing his or her profession, you should know the corresponding business and income taxes that may be imposed on your business or professional activities. If … [Read more...]
List of Local Taxes in the Philippines
There are two basic types of taxes in the Philippines, namely, national and local taxes. National taxes are what we pay to the government through the Bureau of Internal Revenue. This includes income tax, Value Added Tax (VAT), percentage tax, excise tax, estate tax, donor’s tax, … [Read more...]
The Securities Regulation Code of the Philippines
For investors, equity securities like shares of stock of a corporation and debt securities like bonds, banknotes, and debentures can be good investing opportunities to earn profit and increase their wealth. For companies, those securities can be used to encourage more injection … [Read more...]
The Tax Code of the Philippines (National Internal Revenue Code of 1997)
Taxes have already existed since the ancient times. Tax is the lifeblood of nations and governments. Without tax revenues or collections, a democratic republic country like the Philippines will have no money to fund its national expenditures, such as public infrastructures … [Read more...]
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