If you’re a Filipino businessman, entrepreneur, capitalist, investor or just a curious business minded person, you might have asked what is the most business friendly city in the Philippines. Recognizing Philippine cities to be convenient when it comes to opening and registering … [Read more...]
How to Compute Capital Gains Tax on Sale of Real Property
How to Compute Capital Gains Tax on Sale of Real Property in the Philippines? When a person sells real property, classified as “capital asset”, he may be liable for taxes, which include local property taxes, documentary stamp tax and capital gains tax. Capital Gains Tax, as it … [Read more...]
How to Compute Documentary Stamp Tax (DST) on Transfer of Real Property
How to compute Documentary Stamp Tax (DST) on transfer of real property in the Philippines? When we sell or buy real property, we execute a contract or deed of absolute sale, where the selling price, parties, details of property and other stipulations are stated. The deed of sale … [Read more...]
How to Register Land Property in the Philippines
Section 4 of the Presidential Decree No. 1529 known as the Property Registration Decree” states that in order to have a more efficient execution of the laws relative to the registration of lands, geared to the massive and accelerated land reform and social justice program of the … [Read more...]
Tips on How to Detect Fake Land Titles in the Philippines
Land is one of the most valuable assets a person or an entity could have. It doesn’t depreciate and in most cases, its value appreciates over time. Business owners, who own land and building, can already avoid the cost or expense of renting their office or store space from a … [Read more...]
How to Compute Quarterly Income Tax Return: Philippines (1701Q)
How to compute quarterly income tax return in the Philippines for self-employed individuals? If you are a professional who practice your profession or a self-employed individual engaged in a sole proprietorship business, you may be looking for a guide on how to prepare your BIR … [Read more...]
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