The Bangko Sentral ng Pilipinas (BSP) has reminded banks and non-stock savings and loan associations (NSSLA) to abide by the rules on the charging of dormancy fees.
Are we required to pay tax on the cash dividend income received from our stock investments?
A best-selling personal finance book proposes a mathematical formula to determine if you can be considered rich or not. Here’s the wealth scoring formula from the book The Millionaire Next Door by Thomas J. Stanley and William D. Danko:
When buying and selling real estate properties in the Philippines, the final purchase price is not and should not only be the relevant amount. Other taxes and fees charged on the transaction must be considered by both the buyer and seller because these costs affect
Filipinos working abroad, also known as Overseas Filipino Workers (OFW), do not lose their basic rights as citizens of the Philippines despite working and being physically present in another country.